account
search
search

Time Warner unit acquires Bleacher Report

  |   Aug. 6, 2012 at 3:45 PM
SAN FRANCISCO, Aug. 6 (UPI) -- The Turner Broadcasting division of Time Warner Inc. acquired online The Bleacher Report, the company said Monday.

Terms of the deal weren't revealed.

The Wall Street Journal earlier reported that Time Warner would pay $175 million for the San Francisco-based digital sports media network.

"Bleacher Report is a strategic acquisition that further enhances Turner's portfolio of sports offerings," said David Levy, president of sales, distribution and sports at Turner Broadcasting.

Turner owns cable channels TNT, TBS and CNN and manages sports Web sites such as NBA.com and PGA.com.

Bleacher reaches more than 10 million unique visitors per month and syndicates content to publications including USA Today, Los Angeles Times and The Baltimore Sun.

Related UPI Stories
Topics: David Levy
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
x
Feedback