Bleacher Report was founded in 2005 by David Finocchio, Alexander Freund, Bryan Goldberg, and Dave Nemetz—four friends and sports fans who were high school classmates at Menlo School in Atherton, California. With the help of two old friends, J. B. Long and Ryan Alberti, the company's nucleus took up residence in a Menlo Park office space, in the spring of 2007, for $650 a month. Bleacher Report was acquired by Turner Broadcasting System in August 2012 for $175 million.