Bleacher Report, one of the largest sports news sites on the Web, was acquired today by Turner Broadcasting System.
The San Francisco-based startup focuses on delivering targeted sports news to about 10 million unique users a month. But unlike many sites whose content is written by a limited in-house staff,relies on a wide network of mainly volunteer contributing writers around the country and the world who are passionate about the teams they love and who pen opinion and reaction pieces at a heavy pace in exchange for a prestigious slot on the site.
Terms of the deal were not released. But current Bleacher Report CEO Brian Grey, a veteran of Yahoo Sports, will remain on in that role as well as adding the new title of senior vice president for Turner Sports.