World of Warcraft

IGE still owns Affinity Media according to Wandering Go

Posted Sep 17, 2008 by LHOO

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Yes, that's right. IGE owns Affinity Media, not the other way around as they would lead you to believe. Even though I had received a copy of the document entitled "Restated Certificate of Incorporation of Affinity Media, INC.", Pig over at Wandering Goblin did as well, and he's written a very long and detailed account of some of the history and given details about the above mentioned document, which is a matter of public record:

"After reading the Affinity Media stock documents, I couldn't help by feel that Affinity has been hiding quite a bit. In fact, I simply couldn't help but form the opinion that they've been simply lying. They're involved, via Itemmania, in gold-selling. It's not just an auction house, as they claimed. It's gold selling, and the company features prominently in Affinity's legal filings. What's worse, IGE is mentioned in virtually every business deal the document describes. They're involved with Yantis Enterprises, presumably the same company that allegedly bought IGE a couple of months ago. I'm not claiming to be an expert, a stockbroker, or a corporate lawyer, but this document doesn't make Affinity look good. It gives the impression that they've been flat-out deceiving everyone."

Original source for this story.

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  • calotherm said 
    Thu, Jul 5 2007 7:33 AM ()

    so what happenes to wowhead now they sold out to this scum of a company?

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  • BBR said 
    Thu, Jul 5 2007 7:33 AM ()

    Probably not much. and.. i cant say it's unexpected.. Goldsellers are scum, regardless of what kind of suit they wear or how much money they offer you.

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  • Bloodfury said 
    Thu, Jul 5 2007 7:33 AM ()

    IGE should burn in hell

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  • Simmo said 
    Thu, Jul 5 2007 7:33 AM ()

    so let me get this straight, an awesome site (Wowhead) got bought by gold selling &%£holes that ruin server economies and everything else... well i guess owner of WoWhead is $1,000,000 (thats about £500,00 :P)

    now that mini rant is out of the way we'll just have to see wowheads popularity downfall

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  • Ferdoirixch said 
    Thu, Jul 5 2007 7:33 AM ()

    Well one or two things will happen..

    • Find a new site that gives updated and good info..
    • WoW head will be given a cold shoulder by the community
    • Sooner or later wow head will just fade

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  • Thehermit said 
    Thu, Jul 5 2007 7:33 AM ()

    I don't think Wowhead will fall off because of this. Sure some people may stop using it, but this is probably a fraction of a percent of their total users. Their site is fast and has great usability unlike Thottbot and Allakhazam, and as long as that stays true, they will be popular.

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  • zephiK said 
    Thu, Jul 5 2007 7:33 AM ()

    Alternative for Wowhead - http://wowdigger.com/

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  • Eldredd said 
    Thu, Jul 5 2007 7:33 AM ()

    The problem isn't that people are going to stop using Wowhead because it is being run by goldseller, the problem is that the site will more than likely go to crap just like Allakhazams and Thottbot did when they were bought out.

    Maybe I should cut and paste my responses from the other news posting about Wowhead being bought out. Hate to say I told you so.

    Your alternative to Wowhead? Why Curse v4 of course. If you got a beta invite check it out.

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  • Kody said 
    Thu, Jul 5 2007 7:33 AM ()

    I've added the original source for this story; it's a rather long read but very interesting. Especially when it gets to the section that talks about Affinity Media's June filing as a company, and the fact that IGE is still mentioned.

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  • BBR said 
    Thu, Jul 5 2007 7:33 AM ()

    Thottbot has always been owned by the same company, and it's still being used, though more and more were moving to wowhead because it was a viable alternative.

    i won't use wowdigger though.. so.. back to thott.

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  • Jherad said 
    Thu, Jul 5 2007 7:33 AM ()

    If past experience with IGE/Affinity's buyouts is anything to go by, nothing will happen to WoWhead...

    And by that, I do mean ~nothing~. Complete stagnation. See Thottbot and Allakhazam for examples.

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  • airddragon said 
    Thu, Jul 5 2007 7:33 AM ()

    i have an interesting corporate juggling theory in mind. Notice how in one part of the Afinity Restatement Doco theres a particularly interesting reference, here:

    "amount of $1,000,000 issued by IGE to Allakhazam.com, LLC in the acquisition by a subsidiary of IGE..."

    I get from this that Affinity does not, has never owned, IGE. Instead I get the distinct feeling that Affinity is the current fall guy face for us to see. No where in this document is there rights of transfer to a Foreign Corp (IE stocks to sell said company and its assets) mentioned. If there are no by-laws to allow transfer of it as such, how can it have been sold?

    In the end this is all just corporate name juggling, hoping that no one will be able to trace who owns what if someone ever decides to come after them. Affinity is IGE and IGE is Affinity, words to the otherwise are just hollow facades of delicately stated lies. i mean if IGE owned Affinity in the first place, how could it have sold it off? Sure maybe this is a case of the child corp outliving the parent corp, but I wouldn't bet on it.

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