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Update: It’s Done. Time Warner Buys Bleacher Report, Price Reportedly Under $200M

Update: TBS has now confirmed this acquisition. The division will become a part of the Turner Sports division. That group currently manages digital properties on behalf of the NBA, NCAA and PGA, and it oversees ad sales for NASCAR.COM as well as a strategic sales relationship with Yahoo! Sports. It has 86 million unique visitors. The price of the deal was not disclosed but is thought to be in the region of $200 million. Original story follows. The Federal Trade Commission has approved a deal between Bleacher Report and Time Warner...

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Published By: Tech Crunch - Monday, 6 August, 2012

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