Filed under: Business, Web services, Social Software
MySpace buys Photobucket for more than $275 million
Wow, didn't really see this one coming. Less than a month after blocking access to Photobucket videos, MySpace has changed tactics and purchased the photo and video hosting site for over $275 million.While Photobucket and MySpace had a history of fighting, the two always played well together from a user perspective, with Photobucket hosting many of the images users post on their MySpace pages.
Photobucket was reportedly seeking $300 million, although TechCrunch reports that the final figure was a bit short of that.
The company has been on the market since March. And apparently that dispute over MySpace blocking Photobucket videos was what led the two companies to sit down at the table for talks. And wouldn't you know it, once that happened they realized they were made for one another all along. Isn't that sweet?
So, just how good at time waster games are you? Think you've got the stuff? Well, The World's Hardest Game 2.0 doesn't think you do.
Yes, amazingly, it's possible to have a sequel to a game called "The World's Hardest Game". It doesn't seem logically possible, since if the first one was actually the world's hardest, how could another one come along and share the moniker? It made me doubt the name in the first place. That is, until I tried the game.
The mechanics of the game are very simple. You are a small red square, ...
Reader Comments (Page 1 of 1)
PHUKJ00 said 10:44PM on 5-07-2007
FUCKING SELLOUT, BAH!.
Reply
Bav said 1:36PM on 5-09-2007
Well...looks like I'm leaving Photobucket now that it is a MySpace place. Grrr.
Reply
anon said 10:25PM on 5-16-2007
Does this mean that photobucket will become gross and not user-friendly? lol.
Reply
Sumitra Menon said 10:21AM on 5-24-2007
Leading Silicon Valley entrepreneur and strategy consultant Sramana Mitra, outlines a strategy on how News Corp. owned MySpace should charge Photobucket and all the other services that have sprouted around the MySpace eco-system. Link: http://sramanamitra.com/blog/885
Reply
Jessica said 7:35AM on 5-29-2007
OMG.... I'm NAVER EVER using Myspace OR Photobucket AGAIN. I'm not going to go with ImageShack.... I kinda hate MySpace for being inconsiderate jerks.. LOL It will become a jukie place now... >:( I HATE TOM THE CO-FOUNDER OF MYSPACE.
Reply