Turner Spends $100 Million to Expand Bleacher Report

MarketWatch: Turner plans to spend $100 million on Bleacher Report over the next three years to help build out the digital sports property. The plan is to hire more staff and produce more video, as well as short-form content designed to travel well via social media. The new investment is substantial, considering that Turner reportedly paid about $175 million to acquire Bleacher Report four years ago.