LiveUniverse rumored to purchase video site Revver
Online entertainment network LiveUniverse has purchased struggling video site Revver, according to NewTeeVee.
The purchase price was substantially more than the $500,000 to $1.5 million Revver was supposedly asking for, says NewTeeVee’s unnamed source, but it was also under $5 million. Revver’s staff will continue to work under the new ownership.
The deal isn’t a huge surprise — more than a month ago, Contentinople reported that it was in the works, and since then, plenty of other… Continue Reading