The lights are on
Over the last few days there have been rumblings of Ziff Davis, an American publisher and Internet company, acquiring IGN. We now have confirmation that IGN and all its affiliated sites have been acquired by j2 Global, a cloud-based communications and storage messaging provider, through its Ziff Davis subsidiary.
Nobody knows exactly how much IGN’s former owner, News Corp, sold the site and its affiliates for. We do know that the price was less than the $100 million News Corp. was initially asking for. News Corp. bought IGN back in 2005 for $650 million.
In late 2012, j2 Global acquired Ziff Davis for $167 million, following Ziff’s financial troubles. You may have heard of Ziff Davis because the company once controlled EGM and 1UP. Those gaming outlets were sold back in 2009 to the Hearst Corporation, then were shuttered shortly after the acquisition. In 2011, News Corp. acquired the Hearst properties, including the deceased EGM and 1UP.
This leads up to current day, with Ziff Davis acquiring IGN. It’s been a long, winding road, but we hope the best for IGN during the transition.
Source: j2 Global [via Joystiq, Bloomberg]
Email the author Tim Turi, or follow on Twitter, and Game Informer.
I'm a big fan of IPL tbh! really enjoy how they support e-sports!
Hopefully IGN handles it well. From the comments, I gather most people don't like IGN, but I really like their little 3-5 minute video reviews, and I watch their advance livestreams and E3 coverage. GI is my main source of video game information, but I enjoy any venue that gives me the information I want.
No longer in the hands of Darth Murdock, I see.
Hopefully this means IGN will improve because in the past year they have been bad. I wish they would run the site like when I started going there.
It's ok, GI is better.
other than video reviews ign is pretty worthless they are always late when trying to break news stories and seem to just do copy and past jobs on the majority of their stories
Good, IGN needs to fix things so many empty information but it's a good website to get those achievements in certain games.