News Corp buys IGN

By Nintendude under Gaming News

News corporation, owner of some big information and media companys such as the NY Post and Fox News announced today that they´ve come to an agreement to buy IGN and it´s network of gaming sites wich includes Gamespy, Direct2drive and Gamestats among others for $650 million.

Rupert Murdoch, CEO of News Corp. is putting a lot of money on the web, they also acquired MySpace.com recently.

How is this going to affect those sites? I have no idea but i think this is interesting for the gaming indutry. The transaction is expected to close in the fourth quarter of the year.

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