The buy includes IGN Entertainment as well as its network of other sites.
IGN president Roy Bahat had left the company back in August 2012, and the company itself has been up for auction over the past six months. Other bidders who tried to acquire IGN included Break Media, SAY Media, and several unnamed private equity firms.
“Terms of the deal were not specified,” Makuch comments, “though a prior report suggested J2 Global scored a deal on IGN, paying ‘considerably’ less than the $650 million News Corp. purchased the company for in 2005.” Said News Corp. was hoping to buy IGN for a reported $100 million.
For more information regarding this topic, check out Eddie Makuch’s article for Gamespot.