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Los Angeles – News Corp.’s (NYSE: NWS) Fox Sports Interactive Media unit
has acquired Yardbarker, a network of sports-related blogs.

Financial terms of
the transaction were not disclosed.

Founded in 2006, San Francisco-based
Yardbarker is home to over 800 blogs, including 70 penned by professional
athletes, which draw an average of 7.5 million monthly visitors.

The company
has raised a total of $8 million in funding to date, from backers including
Draper Fisher Jurvetson, Labrador Ventures and Baseline Ventures.

 

Related Links:
http://tinyurl.com/2fd7n2r
(Yardbarker blog)

http://tinyurl.com/23rgxpg
(TechCrunch)

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