04/20/24
August 06, 2012
Turner Buys Bleacher Report for $175 Million: Turner has bought the user-generated sports article site Bleacher Report for $175 million. The site is powered by "6,000 mostly unpaid contributors who churn out more than 1,000 articles a day," reports Deadspin.
Things I learned in five minutes on BleacherReport :
1. A lot of the unpaid contributors are overpaid. 2. The NFL 2012/13 season started.
I had no idea there'd been a pre-season game already.
posted by Mr Bismarck at 05:07 PM on August 06, 2012
I don't know how they get themselves so high up in the google results. They also frequently appear in the News searches for google, even though I don't know why they would be considered a news organization.
posted by bperk at 06:25 PM on August 06, 2012
Google News has low standards for inclusion. Any news-like site with editors, writers and a masthead has a good shot of getting in.
posted by rcade at 06:32 PM on August 06, 2012
I had thought maybe Bleacher Report would improve when King Kaufman was brought in as the "writing instructor," or whatever, but the signal to noise ratio has not seemed to improve.
posted by holden at 08:52 AM on August 07, 2012
It's hard not to think they overpaid, but it's probably good for the market for future sports/news startups that these sorts of acquisitions are happening, even if they look like desperation moves.