TECH CRUNCH - Oct 16 - News Corp., via MySpace,
acquired photo/video sharing site Photobucket back in 2007 for $250M,
plus a $50M earnout. We’ve now learned that MySpace is in the process
of selling at least a majority interest in Photobucket to Disney-backed
Ontela. Photobucket has grown steadily since the acquisition, and
currently brings in 54M worldwide users each month. But MySpace never
integrated with Photobucket, keeping their own separate photo and video
platforms. FULL ARTICLE @ TECH CRUNCH