Tuesday, March 4, 2008
MySpace wins Photobucket, Over Google?
UPDATE: May 30: "MySpace wants photobucket? Where is Google!", I asked earlier this month (see story below). Alas, News Corp. is the lucky buyer after all, at an undisclosed price. "The acquisition is a perfect strategic fit for us that reinforces FIM's leadership in user-generated content," said Peter Levinsohn, President of Fox Interactive Media. MAY 8, 2007: News Corp s Fox Interactive Media (FIM) nears deal to buy Photobucket, is the latest M & A industry chatter/rumor. Photobucket allows its users to store photos and videos and then easily drop them into their pages on prominent sites like Facebook, eBay and particularly MySpace, a FIM property. The deal is not yet complete, but the parties have ironed out major issues and are focusing on finer points, according to this ...
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