MySpace’s is buying Photobucket for somewhere in the $250-300 million range. Photobucket is the web’s most popular photo-sharing site, and it also has a vibrant video community. It has butted heads with MySpace in recent months after the social networking site began blocking its photo slide shows and video clips. Nevertheless, Photbucket’s unique visitors have doubled to 18 million in the last year, and users are submitting around 45,000 video clips a day. If the acquisition price is indeed around $300 million, that’s affordable by today’s standards.
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