News Corp. and Hearst In Video Game Deal

Noto, Anthony
May 2011
Mergers & Acquisitions Report;5/16/2011, Vol. 24 Issue 20, p22
The article reports on the acquisition of UGO Entertainment by News Corp. from Hearst Corp. With the said deal, News Corp.'s conglomerate, IGN Entertainment, will own and operate UGO.com, 1UP.com and other video game properties. In 2010, Hearst has recruited Kevin Covert of Covert & Co. to explore a sale or search for a partner.


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