Wow - Grouper Sells for $65 million
Today I was checking Michael Martine’s blog Video Bubble and noticed a mention of an article from TechCrunch
on Sony Pictures purchase of Grouper. Michael also created GoogleTube Video of the Day now in archives.
on Sony Pictures purchase of Grouper. Michael also created GoogleTube Video of the Day now in archives.
3 Comments
Yeah, that's a ton of money. I wonder how you value something like that, I find it hard to believe that Sony will be seeing a solid return on their money.
Comment hidden because you are ignoring dag. (show it anyway)
According to Tech Crunch they were buying a lot more than just the youtube clone portion of grouper. Evidently they also have a P2P product.
Corporate mergers - their logic or lack thereof - are both mysterious and unfathomable.
And often completely screwed up... ah, the go-go late 90's... and the similar phenomena from seemingly every other previous decade for that matter....
Discuss...
Enable JavaScript to submit a comment.