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Time Warner (TWX +0.2%) buys sports blog website Bleacher Report for an disclosed amount, ending...

Time Warner (TWX +0.2%) buys sports blog website Bleacher Report for an disclosed amount, ending months of speculation. The company says the site with its 10M unique monthly visitors will complement network properties TNT and TBS. The bigger picture: The sports broadcasting landscape could shift for dominant ESPN (DIS +0.3%), with Time Warner and Comcast's NBC increasing their investments in sports-related programming.
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Comments (2)
  • Brygo
    , contributor
    Comments (3) | Send Message
     
    Always fun to see my company get a shout out on one of my favorite websites! Thanks Seeking Alpha!

     

    Bryan
    Founder, Bleacher Report
    6 Aug 2012, 01:22 PM Reply Like
  • deercreekvols
    , contributor
    Comments (6629) | Send Message
     
    While the Bleacher Report is a very solid site, to think that things will shift from ESPN is very hopeful, in my opinion.

     

    NBC has shown that they are in over their heads with the Olympic "coverage."

     

    Nothing wrong with competition, but ESPN is the leader by a huge margin. Thank you for not mentioning Yahoo! Sports in a serious update on sports programming.
    6 Aug 2012, 02:54 PM Reply Like
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