MySpace To Buy Photobucket For $300 Million
Valleywag broke the news that MySpace would be acquiring Photobucket for about $300 million.
Many blogs are discussing that the purchase price was a steal in comparison to Google’s purchase of YouTube. Techcrunch also looks at the overlap of MySpace users and Photobucket users, saying there is “nearly 100% overlap in users.”
More coverage at Techmeme.
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