Wednesday, August 23, 2006

Sony gets into video sharing with acquisition | CNET News.com

Everybody's getting involved... 

Sony, which has struggled to piece together a winning Web strategy, has acquired video-sharing site Grouper for $65 million, the companies are expected to announce on Wednesday.

Grouper is 8th largest among the companies that host user-generated videos on their Web sites, according to statistics provided in May by traffic-tracking firm Hitwise.

Source: Sony gets into video sharing with acquisition | CNET News.com

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