NEWS - Saturday, October 27, 2012

News Corp. puts IGN Entertainment up for auction

News Corp. is taking bids for IGN Entertainment as the media conglomerate tries to divest itself of the network of video game and pop culture Web sites.

News Corp., which paid $650 million in 2005 for the network, expects to get around $100 million for the sale, people involved with the negotiations tell The Wall Street Journal, which is also owned by News Corp. The media giant is formalizing the bidding process as part of its planned separation of publishing assets from its media and entertainment business.

Digital content providers such as Break Media and SAY Media, as well as private equity firms, have reportedly expressed interest in the network, which includes sites such as,, and, although some of the original sites have already been sold.

The auction represents another dot-com loss for News Corp. , which sold MySpace last year for $35 million after spending $580 million for the social-networking pioneer in 2005.

Read More Here




Site Statistics

Registered Members: 43,985
Forum Posts: 725,147
Xbox One Titles: 656
Xbox 360 Titles: 1,084
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 583
Xbox Titles: 847
Staff Reviews: 1,449
Member Reviews: 10,339
News Articles: 13,086
Screenshots: 28,871
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News

See News Archives

Community Forum Activity

Games with Gold for November - Count me in
Post by TheOutcast-XBA
1 Replies, 42 Views

Xbox One Edition Limitee Borderlands The Handsome Collection
Post by oryanphine
1 Replies, 47 Views

Xbox One Edition Limitee et controllers
Post by oryanphine
3 Replies, 67 Views

GOW 4 Horde Credit and XP Earn Rate Updates
Post by Nato King
1 Replies, 73 Views

Post by Nato King
1 Replies, 68 Views

Red Dead Redemption 2 releasing Fall 2017
Post by Nato King
5 Replies, 117 Views

Xbox One S Protoype Zebra
Post by oryanphine
3 Replies, 161 Views

Xbox One South Korea Edition Limitee Mother Pearl
Post by oryanphine
1 Replies, 101 Views

Xbox One Official China Edition limitee Lunar New Year Monkey 2016
Post by oryanphine
2 Replies, 111 Views

Xbox Play Anywhere Set up.
Post by Nato King
6 Replies, 180 Views

CONTEST! Win a copy of Worms W.M.D.!
Post by Variation-XBA
9 Replies, 353 Views

The Gears of War 4 Live Broadcast Airs Today
Post by Nato King
7 Replies, 215 Views

Post by Nato King
9 Replies, 265 Views

Spoiler: First 12mintues of Battlefield 1
Post by Nato King
9 Replies, 252 Views

Custom Xbox Addict Controller!
Post by Variation-XBA
8 Replies, 324 Views

© 2000-2016 - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics