Talk about a love/hate relationship. It looks like the high-profile feud between MySpace and Photobucket might have jump-started a romance between the two companies. MySpace’s move to block content from Photobucket originally got the two parties together in the same room. After that, the two companies stopped fighting with each other and started talking about a partnership… and even a possible merger. According to the rumors, the plan is for MySpace to buy Photobucket for somewhere around $250-300 million.
MySpace And Photobucket: A Match Made In Heaven
MySpace is smart to make nice with PhotoBucket. According to web stat company Hitwise, “Photobucket Accounts for 73% of MySpace’s Photo-Related Traffic.” And many savvy web users have been using Photobucket as a web marketing tool.
Rumor: MySpace To Buy Photobucket For $250-300 Million
Photobucket had been shopping itself around for a buyer since late February. Rumors of the deal first surfaced last weekend on the tech gossip site Valleywag.