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| VIEW EVENT INFORMATION: Myspace |
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MySpace Close To Spinning Off Photobucket |
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About the organization Myspace:
Type: Business
Sub-Types: Website, Social Networking Agent, Audio Hosting Agent, Video Hosting Agent, Text Hosting Agent, Picture Hosting Agent |
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Notable Organizations: Myspace, Techcrunch
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| News Corp., via MySpace, acquired photo/video sharing site Photobucket back in 2007 for $250 million, plus a $50 million earnout. We’ve now learned through a source with knowledge of the deal that MySpace is in the process of selling at least a majority interest in Photobucket. The likely buyer? Disney-backed Ontela, a Washington state startup.
Photobucket has grown steadily since… |
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