News Corp. said Oct. 4 that its Fox Interactive Media unit has completed the takeover of online entertainment and videogaming destination IGN Entertainment for about $650 million.

(The Hollywood Reporter) -- News Corp. said Oct. 4 that its Fox Interactive Media unit has completed the takeover of online entertainment and videogaming destination IGN Entertainment for about $650 million.

The deal is another key part of the conglomerate's Web strategy after the recent completion of the acquisition of Intermix Media, the operator of the popular MySpace Internet community.

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