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Gannett Buys Fantasy Sports Ventures

Gannett expanded its online sports content by buying Fantasy Sports Ventures, a group of blogs covering all major sports, for an undisclosed sum.  The publisher previously held a minority share of Fantasy, whose flagship, Big Lead Sports, was valued in "the low seven figures," according to a 2010 report cited by writer Jeff Roberts.

Gannett also owns USA Today's Sports Media Group, and claims combining it with its newest acquisition will create "one of the Web’s top five sites," writes Roberts.

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