Wednesday, August 23

Sony buys Web video site Grouper

Sony Corp's entertainment unit said it had agreed to pay $65 million to buy Web video-watching site Grouper.com, marking the growing embrace of the user-generated video craze by big media. I read that no immediate changes are planned for the Grouper.com site (http://www.grouper.com), although over time Sony may develop ad-supported and premium content businesses.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.