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Myspace acquires Photobucket for $300 Million
- remixhacker 15y agoThe big story here is MySpace had the money to spend.
- paparoger 15y agoSo, did Myspace have to make a stand and really do this? I mean today Facebook buys Instagram and now Myspace buys Photobucket? Hmmm....not sure about that move Myspace!
- swGooF 15y agoI had the same thought, but this link is for an article written in 2007.
- azim 15y agoThe acquisition was made 5 years ago. It's an old article.
- skinnymuch 15y agoThis was a big deal when it actually happened. You're reading a very old article. At that point in time, Myspace was only beginning its inevitable downfall and was already owned by News Corp. Justin Timberlake and an internet ad company, Specific Media, bought Myspace for $35 million less than a year ago. Finally, News Corp/Myspace resold Photobucket to another company a few years ago for a fraction of the original price.
- jonursenbach 15y agoShould put [2007] in the article name.
- aero142 15y agoThe article lists photobucket as having 25 million uniques in March '07. Looks like it has 16 million today and in a steep decline. http://siteanalytics.compete.com/photobucket.com/ http://siteanalytics.compete.com/photobucket.com/
- aaronharnly 15y agoSo does this demonstrate that (1) Myspace had terrible taste (2) People have made expensive mistakes in photo-sharing sites before, will again, and might be right now (3) We will forget about this acquisition, as we forgot about that one or all of the above?
- fruchtose 15y agoI've always hated Photobucket's UI. The two sites will get along great.
- MrMan 15y agoBrilliant editorial re-post. Let's wait for the comments to catch up. And bookmark this thread so that 4 years hence the Instagram folly can be made plain. That's the great thing about the valley - there are always more 24 year olds arriving.