370°
Submitted by lightwarrior179 657d ago | news

IGN Sold

IGN Entertainment, one of the most popular game review and info sites out there on the Internet was sold to Ziff Davis' parent company J2Global who confirmed that it had acquired IGN from News Corp. (Culture, IGN)

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Baka-akaB  +   657d ago
Oh god , and i thought IGN couldnt get worse .
Qrphe  +   657d ago
Why? If anything, they're better off away from News Corp.
Red_Orange_Juice  +   657d ago
podcast Beyond is the best thing on IGN
grailly  +   657d ago
I think I used to be better. and three red light was hilarious when it was still running. all my favorite ign editors left a while ago.
krisq  +   657d ago
@grailly
I agree. You used to be better :-P
zeeshan  +   657d ago
"News Corp. had purchased IGN at $650 million in 2005 but had reportedly put IGN up for auction to the bidders at a price of only $100 million for the past six months."

That is one huge loss! A loss of $550 and you still want to get rid of something, it sort of tells you a whole story.

I understand that the parent company must be going through tough financial times but again, that is one big loss to bear! It makes you wonder how much money was IGN bleeding.
#1.1.4 (Edited 657d ago ) | Agree(2) | Disagree(1) | Report
born2live  +   657d ago
"That is one huge loss! A loss of $550 and you still want to get rid of something, it sort of tells you a whole story. "

Bah! They more than doubled it up over the years with the bribes they take for their reviews.
inveni0  +   657d ago
@zeeshan
They could have easily recouped their investment over the last 7 years. They may be selling cheap in order to get a little liquid cash. I would seriously doubt that 100m is a "loss". Buying companies isn't quite the same as day trading.
ajax17  +   657d ago
My thoughts exactly!
crusadernm   657d ago | Spam
RememberThe357  +   656d ago
@inveni0
If they recouped their investment IGN would have been worth around what was originally paid for. It's looking now like New Corp, in their infinite wisdom, drastically over valued IGN. It's clear that they don't provide the revenue stream they either once did or once could have done.

Too bad but I hope it's a healthy transition.
inveni0  +   655d ago
@RememberThe357
It very well could be worth $500,000,000. But that doesn't mean the market is set to sell something at what it's worth. Take the housing market as an analogy. There is a subdivision down the street from mine where lots should run about $25,000 each. That's for an acre in a suburb with a subdivision-dwellers-only swimming pool, playground, etc. At $25,000, it's a good buy. Especially if you like nice quiet neighborhoods and such. But the land was lost to the bank. Now, the bank just needs to unload the land and get some cash. So the lots are being sold at $11,000. CRAZY CHEAP. Are they worth more? Yes. But the bank needs the cash, and the market isn't supporting lots at $25k right now. In fact, the bank hasn't sold a single one of those awesome lots for the entire year we've been here. Even at $11,000.

That's how selling things works. Supply and demand. If there's no demand, then it's hard to sell.
#1.1.10 (Edited 655d ago ) | Agree(1) | Disagree(0) | Report
Baka-akaB  +   657d ago
Really ? with what 1up have become or what they did with Filefront? i'm doubting it , and with a cherry of stealth user tracking and infos sales on top .
Blaze929  +   657d ago
"IGN Sold to Ziff Davis"

"IGN Entertainment was sold to Ziff Davis’ parent company J2Global."

*sigh* journalism. Times must be hard to take a 500 million loss though.
#1.3 (Edited 657d ago ) | Agree(14) | Disagree(0) | Report | Reply
DragonKnight  +   657d ago
News Corp. is Fox. Any detachment from Fox is a good thing.
mynameisEvil  +   657d ago
Out of the 16 trillion mcbillion things that News Corp. owns, the one and only thing you connect it to is FOX? Really? Please, enlighten me as to how much FOX has influenced IGN.

Oh, right... none. So, good job, you brought FOX up for no reason whatsofriggingever. *rolls eyes* It's not like I even like FOX, I'm just tired of hearing about it CONSTANTLY when it has no real bearing at all on most of the discussions that bring it up.

If anything, I'd rather people ask and answer the question of who the hell Ziff Davis is (the only thing I know from them is PC Magazine and formerly PC Gaming World) or the question of who the hell J2 Global is (they have nothing notable except maybe Ziff Davis, apparently). And why was IGN making so little money to the point where News Corp. was willing to sell it for a 550 million buck loss? From what I could tell, IGN is bigger now than it was then, so what happened? And why are you happier that it went to pretty much the same company that made G4 blow so much?

There's so many questions to ask here, yet no one is asking them. Instead, I see people talking about FOX and, of course, Rupert Murdoch. Completely and utterly pointless. Really.
DragonKnight  +   657d ago
You must work for News Corp. That's the only explanation there could possibly be, unless you have tight binding underwear, for your unnecessary raging post. Your life has not been made better by your rage, my life has not been rendered worse, therefore I see no point in the emotion you put into that post.

Good day.
MEsoJD  +   657d ago
@Red_Orange_Juice

BEYOND!
darthv72  +   657d ago
hmmm...
Ziff Davis's parent company. The same company that once had ZDTV which later became TechTV which later merged with G4 to become G4TechTV which later killed off all the good shows (like icons and arena) to become G4 which now has crap reruns of cops and other filler.

I dont know quite how I feel at the moment.
kwyjibo  +   657d ago
I rate this sale 8+/10!
Blastoise  +   657d ago
9+ if reviewed by Audrey Drake
Grap  +   657d ago
Gimme money and i will rate it 10/10
BanBrother  +   657d ago
I work at GameInformer, 11/10 /s
yazter  +   657d ago
Man, I'd love to work as a host for IGN. Unfortunately I'm not a pretty skinny white girl with big knockers.
UnholyLight  +   657d ago
Naomi Kyle is only two of those though....Just skinny and white. Not really all that attractive or having big knockers lol. I guess you could be referring to someone else though!
Convas  +   657d ago
Yeah, but that "other" person you're referring to only has big knockers now because she's pregnant.
kupomogli  +   657d ago
*would bang Jessica Chobot.*
#3.2 (Edited 657d ago ) | Agree(1) | Disagree(1) | Report | Reply
Godmars290  +   657d ago
So they're Rupert Murdock's bit*h more than ever?
DragonKnight  +   657d ago
How would that be possible if they were sold by News Corp. (Rupert Murdoch) to J2Global?
Der_Kommandant  +   657d ago
IGN will become the next MTV
BanBrother  +   657d ago
Noooooooo!!! Limp Bizkit. *vomits
torchic  +   657d ago
WINNER: DARK SOULS
DivineAssault  +   657d ago
here we go.. smdh
plaZeHD  +   657d ago
I love IGN I don't understand why people hate IGN. Sure they have flaws, but still.
Gohadouken  +   657d ago
Sure if being sometimes corrupt and releasing innacurate reviews are just flaws , why not
plaZeHD  +   657d ago
What do you mean by 'corrupt'?
And 'inaccurate'? So, if their opinion is not as same as yours. Does that mean you have to hate them?
Gohadouken  +   657d ago
I dont care much for review scores actually , it doesnt factor in my purchases .

I mean corrupt with actual stuff such as their dubious PEs 2008 ps3 review . A game they were an actual sponsor off , offline and online and in game.

They gave it a 9.2 when half the hdtvs couldnt even run the game in hd due to bugs . With sd mode lagging considerably and being gamebreaking (again ps3 version) .

It had also a wid variety of game grashing bugs , corrupted saves and plenty issues that visible on even floor shows (so it wasnt some magical build ign got that worked) .

They copypasted the 360 review an kept shut . Then wwhen people actually complained they sneakily replaced the review with a more appropriate score .

Also there is such a thing as writing a review , instead of going on a rant about what you hate about dynasty warriors and not even talking about the game in more than a short sentence . The game is indeed awful (Dw Gundam 2 or 3) , but could be helpful to know why

Or maybe stuff like IGN's review of PixelJunk SideScroller

"The review is here, but it's had some cosmetic surgery following a callout by Q-Games president Dylan Cuthbert, which insisted that the reviewer "rushed through the game on casual". Reviewer Daemon Hatfield initially denied the accusation and insisted he beat the game on Normal difficulty, but Cuthbert countered that if he had done so, the "last epic stage" would have been unlocked, which contradicted Hatfield's review comments. The review then had a portion reviewed, presumably as a sort of damage control."

Or stuff Ign failing to notice GT5 had a level tiered damage system , since they didnt bother with the game more than a few levels and hours ?
#8.1.2 (Edited 657d ago ) | Agree(4) | Disagree(1) | Report
Baka-akaB  +   657d ago
I dont usually even believe they are paid or corrupt . But their errors and innacurate factoics and intel about games in previews and reviews are quite common and embarassing .
#8.1.3 (Edited 657d ago ) | Agree(6) | Disagree(0) | Report
Jadedz  +   657d ago
Be prepared for a lot of ''directs''
Nintendo/Microsoft/Sony directs.
silkrevolver  +   657d ago
IGN is, at the very least, better than most of the privately ran gaming websites.

Sure, those sites have a lot more spunk, but goddamn: the typos.
PooEgg  +   657d ago
They are lucky they were simply sold and not shut down completely. Years ago IGN was a decent place for gaming news, but now they are just paid advertising posing as game reviews. I have not used their site in ages, so no big loss in my book.
profgerbik  +   656d ago
Agreed.
black911  +   657d ago
So whats the Bad News?
MultiConsoleGamer  +   657d ago
Now someone else can spell ignorant with IGN.
Funky_Homosapien  +   657d ago
I cant tell you how many times ign fucked me over with there reviews i will never a buy a game soley based on there review anymore.
HELLSAINT258PPS  +   656d ago
Well IGN I'm leaving you for GameSpot. No don't cry IGN. It is not me, it is defiantly you. When you are no longer giving out 9's to every piece of shit game maker that pays you I may return.
profgerbik  +   656d ago
That whole Vita vs. Kindle Fire HD thing they have had on their site now for a while is completely shameless. I for a long while have disliked IGN for many reasons but really a Kindle Fire HD?

That broke the camels back for me. As if they weren't paid to write that crap, do they have to make it so blatantly obvious.
#16 (Edited 656d ago ) | Agree(1) | Disagree(0) | Report | Reply

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