Rupert Murdoch, who lost a chance to buy YouTube last year when the massive video-hosting site was gobbled up by Google, has snagged two other Internet companies that are popular with young people: Photobucket and Flektor. Murdoch’s Fox Interactive Media, which owns the heavily visited social networking hub MySpace.com, announced the acquisition Wednesday. Photobucket is a photo- and video-sharing site used by many MySpace members. Flektor provides Web-based tools for photo and video editing and mashups.
Murdoch Swings Photobucket Deal
Posted by: Fred J. Aun May 30, 2007 11:24 AMRupert Murdoch, who lost a chance to buy YouTube last year when the massive video-hosting site was gobbled up by Google, has snagged two other Internet companies that are popular with young people: Photobucket and Flektor. Murdoch’s Fox Interactive Media, which owns the heavily visited social networking hub MySpace.com, announced the acquisition Wednesday. Photobucket is a photo- and video-sharing site used by many MySpace members. Flektor provides Web-based tools for photo and video editing and mashups.