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Fotolog gets snapped up, with new plans to make some real cash
Leading photo blogging website Fotolog, has been bought up by the leading Europen interactive company Hi Media based in Paris, for a little less than the competition. But does it really matter when you can monetize the service better? Fox acquired Photobucket for about $250 million earlier this year, and this deal with Fotolog was only for about $90 million. Sure Fox has deep pockets, but Hi ...
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