Ziff Davis Interested in Purchasing IGN, 1UP Could Return to Original Parent Company

That's called "irony".

Posted By | On 03rd, Feb. 2013

ign
Further developments regarding the sale of IGN, as J2 Global’s Ziff Davis is apparently going to purchase the IGN Entertainment division, owned by News Corp, for less than its asking price of $100 million according to AllThingsD.

The interesting part is that once this deal goes through – which it will, since Ziff Davis made a cash offer according to PanoDaily – 1UP will be back to its original owner.

Ziff Davis sold 1UP to UGO Entertainment in 2009, which was picked up by IGN in 2011. IGN though, was purchased by News Corp back in 2005 for $650 million. Before you say, “Wow, what a loss”, consider the irony of 1UP going back to its original company.

Of course, Ziff Davis will also own GameSpy, AskMen, GameStats and the Vault Network among other entities when it purchases IGN. How will this impact the flow of content and competition? As always, time will tell. At least things will hopefully be more stable at IGN going forward.

Source: GIBiz


Tagged With: , , ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

South of Midnight Previews Seemingly Coming Soon

South of Midnight Previews Seemingly Coming Soon

Compulsion Games and Microsoft's action-adventure title is expected to release sometime in 2025 for Xbox Serie...

Black Myth: Wukong’s Physical PS5 Release is Set for December 12

Black Myth: Wukong’s Physical PS5 Release is Set for December 12

The action RPG will be available for PS5 in physical form a little over a month from now, it's been officially...

Hello Neighbor 3 Announced

Hello Neighbor 3 Announced

The stealth survival horror sequel will once again take players to the eerie town of Raven Brooks for yet anot...

Nintendo and The Pokemon Company Are Seeking an Injunction Against Palworld and Payment from Pocketpair

Nintendo and The Pokemon Company Are Seeking an Injunction Against Palworld and Payment from Pocketpair

Palworld developer Pocketpair has revealed details regarding Nintendo's patent infringement lawsuit against th...

PS5 Pro Pre-Orders Were “Slightly Stronger” Than PS4 Pro

PS5 Pro Pre-Orders Were “Slightly Stronger” Than PS4 Pro

"The product is performing slightly stronger than the pre-orders of the PS4 Pro during the same period," says ...

PS5 Pro’s Pricing “Has Not Had a Negative Impact” on Sales – Sony

PS5 Pro’s Pricing “Has Not Had a Negative Impact” on Sales – Sony

"Hardcore users are the target of this hardware," says Sony president, CFO, and COO Hiroki Totoki.