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Well yes, like it or not IGN is one of the most recognizable web sites about videogames, now seems like it's  going to be a independent entity

News Corp., which is getting ready to part with MySpace, is now prepping a move for another one of its big Web properties.

The media conglomerate plans to spin out its IGN.com dudes-and-games site, and is bulking up in advance by acquiring Hearst’s dudes-and-games-centric UGO.com.

People familiar with the companies’ operations tell me News Corp. and Hearst have been finalizing plans over the weekend, and will likely announce the merger within the next few days.

Plans to cleave off IGN.com will take longer, perhaps months. Roy Bahat, who has been running IGN for News Corp. since 2007, will run the new company.

The goal is to create a standalone Web business that will focus primarily on videogame news, reviews, and culture. News Corp. is weighing taking on outside investors for IGN in advance of the split; IGN may also acquire other properties before the move.

http://mediamemo.allthingsd.com/20110501/news-corp-s-ign-buys-hearsts-ugo-in-preparation-for-game-site-spin-off/