EPTIGN on sale for $100 million by News Corps - Page 3
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Dr.Sin
Canada1126 Posts
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iAmJeffReY
United States4262 Posts
On October 17 2012 08:11 iNcontroL wrote: ALRIGHT FOLKS. I got like, 3k$? WHo else is in on this with me!!?! Do you think they accept small bits of string as currency? | ||
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Erlin.
Netherlands22 Posts
No wonder the company has decreased so much in value. | ||
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FuzzyJAM
Scotland9300 Posts
On October 17 2012 08:33 rotegirte wrote: there clearly is room for MVP somewhere in there! LG-IM should sponsor. | ||
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aLt)nirvana
Singapore848 Posts
Seems fair enough! | ||
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Fyrewolf
United States1533 Posts
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thirtyapm
521 Posts
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AcuWill
United States281 Posts
I think we will see it being liquidated for far less. | ||
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starslayer
United States696 Posts
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phodacbiet
United States1740 Posts
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EliteSK
Korea (South)251 Posts
On October 17 2012 08:05 Dr.Sin wrote: News Corp purchased IGN in 2005 for $650 million. Last year, the company also acquired online gaming network UGO and folded its properties (including 1Up.com) into its one-time rival. IGN has also sold a handful of businesses in recent years, including Rotten Tomatoes, Direct2Drive, and GameSpy Technologies. The Wall Street Journal (another News Corp. publication) reports that IGN is expected to sell for about $100 million now. Since IGN was bought when they owned Rotten Tomatoes, Direct2Drive, and Gamespy for 650 million. The IGN value probably fell but you have to exclude the value of those three business as well. Rotten Tomatoes sold to Flixster who was sold to Warner Bros, D2D sold to Gamefly, Gamespy sold to Glu Mobile. WSJ Article has a bit more detail not much than the gamesindustry.biz artile: http://online.wsj.com/article/BT-CO-20121015-712650.html It's still a large drop in value... | ||
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krutopatkin
Germany2612 Posts
On October 17 2012 08:32 eleaf wrote: Hmm, IGN must pissed off some companies by giving them some shit review score, ... oh wait, I think the game company themselves are all closing. It's not surprising that hardcore gamers are decreasing, I don't know the reason but I think I only play 2-3 xbox game and 1-2 PS games per year now, no need to mention my Wii has been in the shelf for at least 2 years. Even have no motivation to buy a ps vita coz I dont know what to play on it. Back in ten years I was a really hardcore gamer and spend like 75% of my spare time on games. I dont know why but I am so sick of nowadays games and there are so few worthy games to play I guess. Might honestly be you getting older or having less time than 10 years ago, I am pretty sure there are a lot of "hardcore gamers" who spend 75% of their time in front of their pcs in the upcoming generation aswell. | ||
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ki11z0ne
United States427 Posts
i got 1k =D | ||
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SilSol
Sweden2744 Posts
On October 17 2012 08:11 iNcontroL wrote: ALRIGHT FOLKS. I got like, 3k$? WHo else is in on this with me!!?! OK! i'll back you up with another 3k$! let's do thiiiiiiiiis! | ||
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Bodzilla
Australia472 Posts
On October 17 2012 08:11 iNcontroL wrote: ALRIGHT FOLKS. I got like, 3k$? WHo else is in on this with me!!?! you have my 5 bucks. | ||
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Loxley
Netherlands2480 Posts
On October 17 2012 08:11 iNcontroL wrote: ALRIGHT FOLKS. I got like, 3k$? WHo else is in on this with me!!?! i'll throw in a 6 pack and a pack of smokes. Let me know when im needed at the business party. | ||
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Shadow_Dog
Canada427 Posts
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Calm
Canada380 Posts
If we forge 1000 acceptances, ezpz we have a media company. | ||
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Calm
Canada380 Posts
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FabledIntegral
United States9232 Posts
On October 17 2012 08:40 TaKemE wrote: The $650 million included Rotten Tomatoes, Direct2Drive, and GameSpy Technologies as far as I can tell since they were part of IGN back then and those have alerady been sold, that explains some of the reson for the huge drop. I can't imagine Direct2Drive or GameSpy selling for much. GameSpy things were such a friggin' pain in the ass, and Direct2Drive is totally useless when compared to Steam. And this is coming from someone who has utilized around $300 in Direct2Drive before due to tournament prize winnings (don't get me wrong, it worked absolutely fine, and the games were priced about right, it's just steam is SOOOO much better). I wonder how much Rotten Tomatoes sold for. I would imagine it has the most value. | ||
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