MySpace to Buy Photobucket

Looks like MySpace is going to buy Photobucket, as reported by CNNMoney. Photobucket has been giving MySpace a run for it’s money in the image and file hosting area. So much, that a few weeks ago MySpace enabled their site to block out all videos hosted by Photobucket. (MySpace has their own video uploading service through the site). According to Marketingvox, Photobucket currently serves 3 billion online images for 41 million members and accounts for 40 percent of all photo-sharing content. If MySpace is to pickup Photobucket, this will only make their circulation of traffic and online presence even larger. I’m sure all the Photobucket users will either “love” or “hate” the news…