Fandom acquires GameSpot, Metacritic and Giant Bomb, other sites
Update: WSJ report says deal valued at $55 million
Entertainment platform Fandom has acquired a number of gaming brands from Red Ventures, including GameSpot, Metacritic, and Giant Bomb, as well as several other media sites.
The deal will see the above brands combined into Fandom's main platform, according to the company. It will also "continue to expand Fandom's global fan platform to super serve entertainment and gaming fans as well as partners."
Other brands included in the transaction are guides website GameFAQs, entertainment sites Cord Cutter News and Comic Vine, and television programming website TV Guide.
The terms of the acquisition were not disclosed, but the Wall Street Journal has said that the deal is valued at $55 million, according to those familiar with the matter.
"We're thrilled to add these powerful, authoritative brands into the Fandom platform, which will expand our business capabilities and provide immersive content for our partners, advertisers and fans," said Fandom CEO Perkins Miller. "The trusted insights, ratings and content they provide will make us a one-stop shop for fans across their entertainment and gaming journey."
GameSpot, Metacritic and Giant Bomb were sold to Red Ventures in 2020 as part of the firm's $500 million acquisition of CNET Media Group from previous owner Viacom CBS.
In August, Fandom sold tabletop game maker Cortex to studio Dire Wolf Digital in a move to exit the RPG business.