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Tuesday, March 18, 2008 

AOL to Buy Bebo for $850 Million

source: TMCnet

AOL says it will enter into the fray for its share of the global social network advertising market by buying Bebo, the world’s third largest social network.

The price tag for Bebo is $850 Million and AOL plans pay for a getting a stronghold in the multi billion dollar business of social networking and advertising.

Bebo is one of the Britain’s largest social networks and is ranked number one in Ireland and New Zealand and a total membership of more than 40 million worldwide. It is number three after MySpace and FaceBook.

click here to read the FULL STORY...

Rock on,
Madalyn Sklar
IndieMusicCoach.com
~providing one-on-one indie music consulting & coaching~
http://www.indiemusiccoach.com/

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