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Power Sellers Unite Forum Index  » News & Events » News » Murdoch Swings Photobucket Deal
Murdoch Swings Photobucket Deal
 
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elgato
 
 
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PostPosted: Thu May 31, 2007 9:24 am   Post subject:  Murdoch Swings Photobucket Deal #1  Back to top 
Rupert Murdoch's Fox Interactive Media has purchased the photo-sharing site Photobucket as well as Web tool provider Flektor. The purchase price was undisclosed; however, it is rumored to be in the neighborhood of $250 million. The deal comes just weeks after a high-profile tiff between Photobucket and Murdoch's MySpace social networking site.

Rupert Murdoch, who lost a chance to buy YouTube last year when the massive video-hosting site was gobbled up by Google (Nasdaq: GOOG) , has snagged two other Internet companies that are popular with young people: Photobucket and Flektor.


more.. link to news article

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pie4himm
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PostPosted: Fri Jun 08, 2007 1:48 am   Post subject:   #2  Back to top 
good post!

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