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IGN Reportedly Being Auctioned Off
IGN may be parting ways with News Corp.
A report by Wall State Journal states that News Corp. is consulting with investment bank Allen & Co. to sell off IGN and its related sites through an auction.
The report comes after the failure to sell IGN for $100 million. Companies that showed interest in the sale were Break Media and SAY Media, according to WSJ.
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Interesting news…I wonder if the company is bleeding money or if News Corp. just wants to get away from gaming in general.