Fox hunts Photobucket and Flektor

30/05/2007

Fox Interactive Media (FIM) has acquired both Photobucket and Flektor, writes Netimperative. FIM (a division of News Corporation and MySpace owner) was reported to have offered $250m (£151m) for Photobucket at the beginning of May. Photobucket provides picture, slideshow and video sharing services to over 42m users across 300,000 websites. 47% of all Photobucket users link to social networking website such as MySpace. Flextor provides media tools which allow users to edit video and audio files to create mash-ups and other user-generated clips.
From Netimperative: http://www.netimperative.com, 30/05/2007
Photobucket: http://photobucket.com
Flektor: http://www.flektor.com

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