EA Acquires Shawn Fanning's Rupture, Says The LA Times A Month After We Did
J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news.
Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995), and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More
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The LA Times and others are reporting that EA has acquired Shawn Fanning’s social-network-gaming startup Rupture for around $30 million. We reported this deal a month ago.
The first sentence of the LA Times story: “Shawn Fanning…has finally earned some money.”
The title of our post a month ago: “Shawn Fanning Finally Gets A Real Payday…”
They did add a link to the story giving us some credit for breaking it, albeit with a statement suggesting we hit the trigger too soon: “When the widely read blog TechCrunch wrote two weeks ago that gaming giant EA had bought Rupture for a reported $30 million, it wasn’t true. But it is now.”
Here’s the very short EA press release on the deal.
