News Corp. Buys Videogame Sites from Hearst
News Corporation has acquired Hearst’s UGO Entertainment, which operates videogame news websites UGO.com and 1UP.com. News Corp.’s IGN Entertainment will operate the UGO brands, and Hearst will become a shareholder of IGN as part of the agreement.
IGN Entertainment President Roy Bahat said of the deal:
This instantly catapults us to another level and positions us to serve and entertain tens of millions more fans.
That’s right gamers, even you can’t escape the controlling grip of corporate America.
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