Viacom Acquires Xfire

[CSN NewsBot]

It was announced on Monday that MTV networks, a subsidiary of Viacom, acquired the rights to Xfire for a tidy sum of $102 million.

"We're always looking to follow our core audience," said Michael Wolf, president and chief operating officer of MTV Networks, in a phone interview. And he seems confident he can target some of that core audience with Xfire, which he called "the hub of the gaming industry." [...]



Xfire will become a part of Viacom's MTV Networks, joining the company's more than 90 branded web sites such as targeted properties like GoCityKids.com, Neopets, Parents Connect, and its broadband networks, MTV’s Overdrive, Nickelodeon’s Turbo Nick and VH1’s VSPOT.

There's no word on how much this will affect the Xfire services or monthly updates, if at all.

[BeaMeR]

Woah, I didnt see this one coming.

[Renegade[CSR]]

BeaMeR wrote..

Woah, I didnt see this one coming.

Ditto. This one dropped out of the sky. Someone is walking away with a tidy sum of money though.

[snkcube]

Heh, this was unexpected.

[UsernameGL]

Sellouts. haha.

[HACKER HELL STORM]

gay

[Pan the Goat God]

What. Da. Fuk?

[ZackMorris]

wow guys - honestly ... You realize this is huge?

[.Sn0w.]

Woah verry unexpected.... But what does this mean for xfire??? I mean the firs thing that comes to mind is more random adds and some crappy incorp of like a itunes kind of thing for music files :S I dunno but im trying to link mtv to xfire and cant figure it out :\

[elite-mafia]

So xfire died? Good game MTV for ruining like everything good.

[masterren]

Here's the news from Xfire.com: http://www.xfire.com/cms/xf_acquisition

[kerosine99]

Oligopolies wooooooooh!

[DevgruSeal H.E]

So does this mean MTV is going to start charging for X-Fire? >.<

[Syx]

*Uninstalls Xfire*

[Zips]

UsernameGL wrote..

Sellouts. haha.

HACKER HELL STORM wrote..

gay

Pan the Goat God wrote..

What. Da. Fuk?

elite-mafia wrote..

So xfire died? Good game MTV for ruining like everything good.

Syx wrote..

*Uninstalls Xfire*

Overreactions AHOY!



Based on this it seems quite clear that the Xfire we know (and love) won't be changing one bit.