Photobucket To Be Valued At $60 Million In Sale To Ontela

Lots more details are coming in on the Photobucket fire sale by MySpace/News Corp. The sale is all but complete, say new sources. And the buyer is definitely Washington state based Ontela. Ontela, a mobile photo upload and storage service, is backed by Disney's Steamboat Ventures, among others. Steamboat Ventures is said to be putting $40 million or more in additional capital into Ontela.

Sections:  business   
RELATED ARTICLES
BING NEWS:
  • Only 24 albums in history have sold 1 million copies in a single week — here they all are
    "The Tortured Poets Department" sold over 2 million copies in its first week, becoming Taylor Swift's seventh entry on this list.
    04/29/2024 - 5:13 am | View Link
  • Tejon Ranch: Avoid The Recent Pop As The Outlook Worsens (Rating Downgrade)
    I see structural headwinds for Tejon Ranch, including high interest rates, California’s demographic problems. Read more to see my analysis on TRC stock.
    04/28/2024 - 11:16 pm | View Link
  • Two Powerball players win $1 million in US. Where were the winning tickets sold?
    Two Powerball tickets across the United States won $1 million each, just missing out on the estimated $151 million jackpot, lottery officials say. Tickets sold in Georgia and New Jersey matched five ...
    04/28/2024 - 3:03 am | View Link
  • Million-dollar Powerball ticket sold in metro Atlanta
    The Georgia Lottery confirms to Channel 2 Action News that one ticket worth $1,000,000 was sold in metro Atlanta for Saturday night’s drawing.
    04/27/2024 - 8:22 pm | View Link
  • Big WWE Figure Lists All Shares for Sale; Vince McMahon’s $776 Million Stake Also Up for Grabs – Reports
    In a significant development, WWE’s President, Nick Khan, has signaled a potential change in his ownership of TKO shares, according to recent filings. Khan, who holds several thousand TKO shares, ...
    04/26/2024 - 10:58 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News