News Corporation to acquire IGN in $650 million deal

Rupert Murdoch's media empire News Corporation is set to acquire top US videogames website publisher IGN Entertainment in a deal worth some $650 million, according to a report in the Wall Street Journal today. The deal - which remains unconfirmed by both companies - apparently comes as the result of a bidding war for the internet company between News Corp and rival media group Viacom. IGN, whose sites include the eponymous as well as and, along with several non-games properties such as and, is the largest acquisition News Corp has made so far in the Internet space.

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