D

Deleted member 20415

Unconfirmed Member

• Aug 17, 2012

• #1

http://allthingsd.com/20120817/news-corp-s-ign-head-roy-bahat-leaves/

Roy Bahat, who heads up News Corp.’s IGN Web unit, is leaving the company.

Bahat had spent more than a year trying to engineer a spinoff of the business, which publishes Web sites that cater to dudes who like video games and other stuff dudes like. News Corp. also publishes this Web site.

The plan included an acquisition of rival dudes-and-games site UGO in May 2011. But the spinoff never happened, so Bahat is heading out. In his words, via a memo he just sent employees: “It has become clear that now is the time to refresh the process of looking at strategic options for this business.” He’ll stay on as an IGN board member.

Bahat’s plan, endorsed by News Corp.’s digital head Jon Miller, was to cleave off IGN from its parent company, under the thesis that it could grow faster on its own.

The idea was to find private equity backers or other financial players to pour money into a standalone company, and News Corp. would retain a stake in the new venture.

Click to expand...

 

S

Sethos

Banned

• Aug 17, 2012

• #2

Maybe Sony has a position for him

 

C

ClovingWestbrook

Banned

• Aug 17, 2012

• #3

Duuuude

 

S

Speevy

Banned

• Aug 17, 2012

• #4

Sethos said:

Maybe Sony has a position for him

Click to expand...

A position in their hearts.

 

N

Neuromancer

Member

• Aug 17, 2012

• #5

So does this mean IGN's content is going to get better, worse, or stay the same?

 

C

CaptainSchwann

Member

• Aug 17, 2012

• #6

Neuromancer said:

So does this mean IGN's content is going to get better, worse, or stay the same?

Click to expand...

Can only go up from here.

 

D

Deleted member 20415

Unconfirmed Member

• Aug 17, 2012

• #7

Who knows? But if the head of a company leaves after he can't get a VC deal and business deal done to spin off from FOX... expect more blood in the water.

 

G

Graphics Horse

Member

• Aug 17, 2012

• #8

Roy Bahat doesn't belong to IGN, and neither does my heart.

 

E

Eideka

Banned

• Aug 17, 2012

• #9

Sethos said:

Maybe Sony has a position for him

Click to expand...

Ice cold.

 

I

IC_Champion

Member

• Aug 17, 2012

• #10

Too many uses of the word 'dude' in that quote

 

F

firen

Member

• Aug 17, 2012

• #11

Sethos said:

Maybe Sony has a position for him

Click to expand...

Oh that's right, Sony's back!

 

S

saichi

Member

• Aug 17, 2012

• #12

join Ouya