USA TODAY Sports Media Group Acquires Big Lead Sports Digital Property and Fantasy Sports Ventures
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(Press Release) MCLEAN, Va., Jan. 24, 2012—The USA TODAY Sports Media Group announced today that it has completed its acquisition of Fantasy Sports Ventures (FSV) and Big Lead Sports, the largest independent digital sports property in North America. USA TODAY’s parent company, Gannett Co. Inc., was already a significant minority shareholder of FSV and elected to complete the purchase through an acquisition of FSV’s assets. Terms of the acquisition were not disclosed.
When all FSV assets are ultimately combined with the other properties within the USA TODAY Sports Media Group, the digital property is expected to become one of the top five sports sites on the web based on the most recent comScore metrics.
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