IGN bought By News Corp
But firstly, let me correct a mistake I made in the previous post. The media claims that the PSP sold twice as much as the Nintendo DS did in its launch period in the UK. Note: ITS launch period. The PSP's launch period was for the first 4 days of its release. The Nintendo DS's launch period went for 2 days. This means that the PSP only sold at about the same rate as the DS over the first 2 days of launch. Once again Sony tries to gain popular by tricking the media with false/misleading information, now many people believe the PSP is twice as popular as the DS in UK. Well, if a Sony fanboy comes up to you and brags about this, correct them ;)!
On to the news. The article below is taken straight from IGN, not written by me.
September 8, 2005 - You may not have noticed, but today we all put on our Ultra Force Helmets and pulled out the really fancy Diet Dr. Pepper: Rupert Murdoch's News Corporation is set to purchase IGN Entertainment for an estimated $650 million in cash. Yes, we're big. Oops, we're bigger!
The deal will make IGN and its many properties -- including IGN.com, GameSpy, FilePlanet, Rotten Tomatoes, and TeamXbox, to name several -- a part of News Corporation's Fox Interactive Media division. The transaction is expected to close by the end of the year.Why News Corporation? The company is eager to expand its presence online, because Internet media is genuinely hot these days. Why IGN? Because when it comes to games and entertainment online, we're hotter than hot.For those wondering why this is significant, consider that News Corporation is the parent company of, among others, 20th Century Fox, Fox Television, Fox News, DirecTV, TV Guide, HarperCollins, the New York Post, and Intermix, the owners of MySpace.com.What does it all mean? While higher-ups at both companies are working out all the details, it's business as usual here at IGN.com. To be honest, now that the tingling's gone, we feel and smell the same. We can't say for sure yet, but given the resources at News Corporation, readers should find IGN getting bigger and better, while remaining independent, loveable, entertainment-crazy IGN.
Thursday, September 08, 2005
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4 comments:
IGN, they suck
lol, so true...
Hey darkenedjib, nice blog :)
Thanks! :)
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