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Fandom buys GameSpot and different websites for $55 million

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Fandom, an American platform for leisureintroduced this week the acquisition of internet sites GameSpot, Metacritic, Big Bomb and different popular culture names, in a purchase order settlement that revolves round US$ 55 million (R$ 285.88 million) to be paid to Crimson Ventures, present proprietor of the model properties of those merchandise.

In all, the settlement offers for the switch of possession of seven manufacturers (listed all through this textual content) and expands the scope of Fandom – which is finest identified for its hyper-detailed “wikis” of assorted merchandise, from comics and sequence/movies to video video games.

Picture: Fandom/Disclosure

“We’re very excited so as to add these highly effective and authoritative manufacturers to the Fandom platform, which is able to increase our enterprise capabilities and ship immersive content material to our companions, advertisers and followers. The insights, analytics and trusted content material these manufacturers provide will make us a must-stop for followers throughout the leisure and gaming trade.”

The announcement of the acquisition is signed by Perkins Miller, who assumed the place of CEO of the corporate in 2019 and promoted its “rebranding”: earlier than being Fandom, the corporate was referred to as “Wikia” – a reputation that it carried with it. since its founding in 2004 by Jimmy Wales (sure, the identical one who invented the Wikipedia).

In whole, the manufacturers acquired have been:

  • GameSpot
  • Metacritic
  • TV Information
  • GameFAQs
  • Big Bomb
  • Wire Cutters Information
  • Comedian Vine

With that, Fandom’s viewers quantity grows exponentially. Previous to the deal, the corporate claimed an viewers of 115 million month-to-month energetic customers, 17 million pages of content material and greater than 100,000 communities for the video game trade alone. To that, GameSpot alone provides roughly 75 million distinctive month-to-month guests, in response to SimilarWeb.

The acquisition additionally expands Fandom’s scope for journalistic content material – ​​information manufacturing is the core enterprise of many of the seven new properties. It’s price remembering that, in 2018, the corporate had already acquired the Display screen Junkies web site (movie, TV and sequence) and, in 2019, it acquired Curse Media, a channel providing game mods that might later change into change into a compendium of digital encyclopedias (wikis).

In 2021, Fandom purchased Fanaticals, a platform for e-commerce American firm targeted on the video games and equipment sector linked to game manufacturers.

through fandom

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