Sony to acquire Grouper for $65M
The Internet TV and user-generated content sectors are gaining momentum and it looks like the big players are starting to take notice and open up their checkbooks: Sony has announced its intention to acquire YouTube-like site, Grouper for a cool $65 million. The news has sent similar sites like Revver, Blip.TV and others into a frenzy as they hope for a similar payday.
28.08.2006
Source: FierceIPTV
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