05-09-2007, 09:11 AM
Quote:After losing to Google in his bid to buy out YouTube last year, News Corp.'s Rupert Murdoch reportedly has set his sights on a $250 million deal to buy out photo- and video-sharing site Photobucket. Such a deal would come just weeks after a public dispute between Photobucket and News Corp.'s MySpace...
Photobucket and MySpace, owned by News Corp., have so far kept mum about the deal, failing to respond to interview requests from journalists. The two companies reportedly have tackled the most salient points of the deal and now only need to come to a consensus on a few remaining details.
Photobucket is by far the No. 1 photo-sharing site on the Internet with some 41 million users and 80,000 new users registering every day,...
full article: http://www.ecommercetimes.com/story/hyU2...cket.xhtml