ReedPop reportedly looking to sell Eurogamer, VG247, GamesIndustry.biz, and more
It has been reported that ReedPop is now seeking a buyer for its Gamer Network, which includes a number of popular gaming news sites such as Eurogamer.
The details:
As reported by GamesIndustry.biz, its parent company is “investigating the potential sale” of the site alongside Eurogamer, VG247, Rock Paper Shotgun, and Dicebreaker, and shares in Digital Foundry, Outside Xbox, and Hookshot, after acquiring the Gamer Network business back in 2018. "ReedPop, part of RX, has reviewed its UK business and decided to investigate the potential sale of its Gamer Network and associated editorial Digital properties,” the company said. “We believe that new ownership offers the best conditions for the growth of the business.”
It is also stated that the sale will exclude its UK events EGX and MCM, as well as its digital brand Popverse, but no price range for the offered sites has been disclosed.
ReedPop's most recent major announcement was in September when it confirmed that it would no longer be hosting future E3 events in collaboration with the Entertainment Software Association. The company had signed a multi-year contract to organize the show beginning in 2023 but made the "mutual decision" to end the partnership after E3 2023 was canceled due to a number of major publishers pulling out of the trade show.
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