Time Warner Inc said its Turner Broadcasting unit has bought sports website the Bleacher Report to bulk up the media company’s Internet sports presence, which includes websites such as NASCAR.com and NCAA.com. Terms of the deal were not disclosed but a source close to the matter who was not authorized to speak publicly about it said Time Warner is paying under $200 million for the San Francisco-based company.
LOS ANGELES (AP) — Turner Broadcasting System is in talks to buy San Francisco-based sports news website Bleacher Report in an attempt to expand its online presence. The pay TV unit of Time Warner Inc. already manages NBA.com, NASCAR.com, PGA.com and part of MLB.com. A person familiar with the matter says the talks are advanced […]