MySpace buys Photobucket

[David Tan]

MySpace will have control of all the spam images hosted on PhotoBucket which previously fed of MySpace traffic.

Interesting article

[mini_0]

It bought the photobucket for 250 million dollars . ededed , TechCrunch claims to know the financial details: "MySpace is acquiring Photobucket for $250 million in cash. We’re hearing that there is also an earn-out for up to an additional $50 million."MySpace gets to own one of the biggest — if not, the biggest — photo sharing site, and one of the largest benefactors of its eco-system. In return, Photobucket gets much needed infrastructure investment to counter rising bandwidth costs, and the freedom to monetize its presence on MySpace without falling foul of the site's terms of service.