Time Warner bought up GameDaily, a video game review site, from Gigex. That will add to AOL's presence in the gaming world following Time Warner's annexing sites like Joystiq -- part of this WeblogsInc. network of blogs. The sale also includes GameDaily BIZ, a site for gaming industry professionals. According to the press announcements I've seen, the AOL video game staff will be integrated into the GameDaily staff, and not the other way around.The stated intent here is to maintain an entity that is much more GamesDaily than AOL Games in character. GameDaily.com has a Q&A with AOL's Ralph Rivera explaining the purchase. Rivera says AOL's "not looking to change anything" in terms of GameDaily editorial content, anticipating that the changes that will result from the purchase will be along the lines of improved infrastructure, download capabilities, wider distribution as part of the network, etc. He also said AOL wants GameDaily to be its "premier website" for video gaming related content.
Closing Bell: When We All Love the PIIGS (NBG, SQNM, PG, ERTS, KO)
Serious Money: Cheapest Stocks List Shrinks from 26 to 21
Chasing Value: Hasbro Earnings Makes My Point
