IGN being shopped for $600-$800mm

IGN – host of the vgame sites Gamespy, IGN and TeamXbox is being shopped by Shearson-Lehmann for $600 to $800 according to the WSJ.

5.3 million monthly uniques to Gamespy in a market where the $9.9 bn annual spend beats the movies. The Journal only cites Gamespy’s traffic, which would value the deal at $133 per unique. This continues to be the season of Internet Search and Content M&A.

 

Author: David Churbuck

Cape Codder with an itch to write