IGN.com for sale!

[Ringr]

Wow, I can't believe it.
Looky here

Maybe the new owner can turn the tables and actually make IGN useful!
Muahahaha.

Dang huh?

 

[True_Snake]

Reports say the company is looking to sell for nearly $850 million, and may go public. Great Hill partners purchased IGN in 2003 for $26 million.

Now that's what I call profit!

It's pretty interesting, IMHO.

Thanks for the link Andy :tu: !


True_Snake

 

[Ringr]

No problem TS .

We should start a NP$ betting contest to try and guess how long it will take to sell. Talk about a major for-sale-price markup, but as you said - it's a hella lot of profit for the current owners.

 

[cyberoptik]

Wow bought it for 26 mil seeling for 850 mil-- thats a turn around!

 

[jamieneil]

woooooooow thats a lot off money to even be thinking about.

 

[jeter4982]

Wow, that would be a nice turn around on a $26 million dollar investment. IGN is such a huge network, with so much content...It will be interesting to see what they can get for it.

Tom

 

[Coastalguy]

I put in an offer for $29 million.

Waiting to hear back.

:lol:

ST

 

[zaros64]

maybe microsoft will buy it, take out all the console stuff except for X-BOX lol

 

[Ringr]

As long as CNET, Yahoo, or Microsoft don't buy it, we know it can't get any worse. :p

 

[Matrix1976]

As long as CNET, Yahoo, or Microsoft don't buy it, we know it can't get any worse. :p

You forgot...Google...heh

 

[Morgan]

LOL might have to search around for a few extra bucks to buy it

 

[Jeffrey]

Thanks for the link, now you got me thinking into buying it. Hhhm.

 

[juanda]

jejeje

 

[hotrod12]

Hopefully someone can make it better but I use gamespot anyway so I don't really care.

 

[vimkar]

You forgot...Google...heh

lol :D :D

 

[rtonia]

Does anyone interested in chipping in around $10 bucks....*LOL*

 

[Raf]

Whoa, I really didn't expect that. Well whoever buys it, the previous IGN owners will have quite a bit of cash off their previous company. Thanks for sharing the news with us! :tu:

 

[aween]

if microsoft buys it and suddely gamespy crashes, then you know what happend :P

 

[Ringr]

I wonder if someone else buys it, if the memberships will be effected?
I know a few people who pay to belong to IGN - I wonder if anything will happen with their accounts? I kinda doubt it though - why would a new owner want to ruin the reputation of a popular site like that?

 

[NickRac]

I don't think it will sell for that much - it would be nice but it won't happen

Nick

 

[soj]

why would you say they are asknig too much or it is a good profit. first thing is you dont know how much the current company has spent developing the site to grow its user base etc to make it worth $850 million. NVL i believe it wont sell for that, but maybe closer to the $600 million dollar mark. shuold be interesting to see what happens, i just contacted my bank and they said that they wont loan me that much money, oh well, maybe next time.

 

[martian2k4]

:o Thats a huge ammount! Hmmm, maybe I could try and sell my site for that much.

http://www.devforums.co.uk/ UP FOR SALE, Starting bid $2.5mil BIN $400mil
Any one interested?

 

[faisj]

:o Thats a huge ammount! Hmmm, maybe I could try and sell my site for that much.

http://www.devforums.co.uk/ UP FOR SALE, Starting bid $2.5mil BIN $400mil
Any one interested?

So you have stats ahhaha LOL