MySpace founder nabs Revver

FROM VARIETY: Greenspan acquires video sharing site

By Marc Graser of Variety -- Video Business, 3/5/2008

MARCH 5 | FROM VARIETY: MySpace founder Brad Greenspan has acquired online video sharing site Revver.com in a stock deal, making it part of LiveUniverse.

As part of the purchase, Revver, whose videos were ad-supported and paid content creators depending on how many times they were viewed, will now be merged with LiveVideo.com's social network, video and interactive offerings.

Read the full story on Variety.com.

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