How much did Turner Broadcasting pay to acquire Bleacher Report?
Turner Broadcasting System acquired Bleacher Report for $175 million in August 2012. The deal was made through Time Warner's Turner Sports division.
Short answers, pulled from the story.
Turner Broadcasting System acquired Bleacher Report for $175 million in August 2012. The deal was made through Time Warner's Turner Sports division.
Bleacher Report was founded in 2005 by Dave Finocchio, Zander Freund, Bryan Goldberg, and Dave Nemetz, four friends who had been high school classmates at Menlo School in Atherton, California. The site launched publicly in February 2008.
Bleacher Report allowed any registered user to publish articles on the site, which critics argued produced a large volume of low-quality writing and damaged the credibility of sports journalism. SB Nation's Luke Thomas called it the "Walmart of Journalism," and one writer documented earning only $200 after writing over 500 articles and generating nearly three million page views.
B/R Live launched in March 2018 and was shut down in June 2021, when it was merged into the Bleacher Report mobile app. A successor Bleacher Report-branded streaming hub launched on Max in October 2023 under TNT Sports.
Bleacher Report has produced several animated series, including Game of Zones (a Game of Thrones parody featuring NBA figures, which ran from 2014 to 2020), Gridiron Heights (an NFL satire launched in October 2016), The Champions (a Champions League-based series launched in September 2018 that reached seven seasons), and Hero Ball (an anime-parody NBA series that replaced Game of Zones after 2020).
House of Highlights is a social media network devoted to sports highlight videos. Bleacher Report acquired it in 2015, and it operates as one of the company's multi-media verticals.