It's official: MySpace.com parent company Fox Interactive Media has formally announced its agreements to acquire image-sharing site Photobucket and slide show mashup creator Flektor. Financial terms of the purchases were not disclosed by Fox Interactive Media, which is a division of media giant News Corp.
Both acquisitions had been rumored for some time. The Photobucket deal, originally reported earlier this month, is inarguably the more significant of the two: Photobucket, after all, is the 34th most visited site on the Web, with over 42 million users and 17 million monthly visitors. Its history with Fox Interactive Media hasn'… Read more