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How much did Time Warner pay to acquire Bleacher Report?

What price did Time Warner Broadcasting pay to acquire website?

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Turner Broadcasting System division acquired the Bleacher Report website for less than $200 million, bolstering its online sports coverage, a person familiar with the deal said.

Bleacher Report, founded in 2006, has about 10 million visitors a month. It gets its content from more than 6,000 contributors -- most of whom write for free -- who churn out more than 1,000 articles a day

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