MySpace has announced it will acquire Photobucket for $250 million, officially bringing the photo sharing site into the MySpace fold. Photobucket has been looking for a buyer for several months and after a dispute last month which led to MySpace blocking Photobucket images and video, the two companies apparently hashed out a deal.
For more coverage of the business angles, check out Epicenter which covered the rumors that surfaced yesterday regarding the buyout.
At the risk of being alarmist, Photobucket as a MySpace property doesn't bode well for users who aren't fans of Rubert Murdoch's underage playground.
Techcrunch reports that roughly 1.8 million of Photobucket???s visitors don't currently visit MySpace, and for them the deal could ruin sharing on non-MySpace properties. While no plans have yet been announced, it seems likely that Photobucket could morph into a MySpace-only property.
For those Photobucket users thinking it might be time to do more with your photos, have a look at our Flickr coverage of late.
While Photobucket is primarily about hosting your images, Flickr offers a number of options that go far beyond image hosting, enabling you to share your images with the internet at large.
