Shacknews has been acquired by online videogame rentals company GameFly.
The news website reported on the acquisition saying that the deal, which includes related sites such as FileShack, will see the editorial staff and direction remain unchanged.
"GameFly has demonstrated a true understanding of and commitment to Shacknews' gaming culture," said Shacknews founder Steve Gibson.
"We are confident GameFly will protect the legacy and community we've established, while at the same time providing much needed resources to expand into new and exciting areas that would not otherwise be possible."
GameFly co-founder Sean Spector, said: "We purchased Shacknews because it's a great site."
"We believe we can help expand its reach - we're not looking to twist and turn the site into something else."
David Hodess, GameFly's CEO, concluded: "With its avid, engaged community and commitment to providing an independent voice for gamers seeking the most accurate and up-to-date news and information, it goes to the core of our vision as a company, which is to be the ultimate resource for the entire gaming community."