IGN to be sold to Ziff Davis’ parent company – report

By Stephany Nunneley

News Corp. is in the process of closing a deal with Ziff Davis over the sale of IGN, according to All Things Digital.

News Corp. purchased IGN for $650 million in 2005, but sources close to the matter state the figure this time around is much lower.

J2 Global purchased Ziff Davis last year for $167 million, a deal which included sites such as PCMag.com and Geek.com.

Last year, News Corp. purchased Hearst’s UGO properties , including 1UP – which Ziff Davis sold to UGO back in 2009.

So, 1Up will once again be under the Ziff Davis umbrella.

The deal between Hearst and New Corp. last year brought the following sites into the same company: IGN.com, GameSpy, FilePlanet, Direct2Drive, TeamXbox, AskMen, GameStop.com and more.

Thanks, Evil Avatar.