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Troubled video site Revver was bought by Brad Greenspan’s LiveUniverse last night for a price “many multiples more” than the $500,000 to $1.5 million reported recently, according to a source close to the deal. Update: We now know that the price was just under $5 million, so it seems our source’s math was a little optimistic. We’ll add more if we can get more specific.
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at 11:02 on February 15th, 2008
I thought Revver was gonna be huge, since its main sellin gpoint was paying for content, but I guess users preferred the megapageviews of Youtube. Still, LiveUniverse might be able to make some lemonade.