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

|About: Time Warner Inc. (TWX)|By:, SA News Editor

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.