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IGN/Gamespy Going Public

Posted by Zonk on from the good-luck dept.

GameDailyBiz has the news that gaming media powerhouse IGN is going public. From the press release: "IGN owners Great Hill partners were recently looking for someone to purchase the company, and then priced IGN for over $800 million dollars. According to Media Metrix, IGN and its sister sites attract over 25 million users a month. This includes GameSpy, RottenTomatoes, FilePlanet, TeamXbox, and VE3D. IGN also provides online gaming technology for hundreds of video game developers."

2 of 34 comments (clear)

  1. Deja vu by Anonymous Coward · · Score: 3, Interesting

    Hold on a second, wasn't this already pulled under the (now deceased ?) company/scam dubbed "Snowball" during the peak of the dot-bomb era?

    Ah, how soon the public forgets. It was a poor choice for a name btw. ;)

  2. Re:Whoopty Shit... by vertinox · · Score: 2, Interesting

    now we've got the shareholders to put their worthless voices in on it too...

    So let me get this straight, if one buys enough stock, one might say... Get unbanned on their forums and get ad free downloads on file planet? And maybe ban a few non-stock holders off the planet forums while your at it? Seems like Capitalism works for me!

    --
    "I am the king of the Romans, and am superior to rules of grammar!"
    -Sigismund, Holy Roman Emperor (1368-1437)