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Fandom rolls the dice on GameSpot and Giant Bomb, leaves CNET and others at Red Ventures.
After unloading D&D Beyond to Hasbro for almost $150 million earlier this year, Fandom is doing something with that cash.
The user-generated wiki giant announced the acquisition of GameSpot, Giant Bomb, Metacritic, TV Guide, and more from Red Ventures, who itself just acquired them from CBS two years ago. The deal brings in some 46 million monthly active users in exchange for “roughly $50 million,” leaving Fandom with plenty of D&D bucks for even more acquisitions.
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