News Corp acquires Storyful for €18M


Expanding its push into the digital realm, News Corp (NWSA +1.2%) acquires social news start-up Storyful for €18M (~$25M).

The Dublin-based Storyful, which dubs itself "the world's first social news agency," mines social media platforms to discover user-generated content with a focus on images and photos. In 2013, videos have generated 750M views for partners.

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Comments (1)
  • financeminister
    , contributor
    Comments (1201) | Send Message
     
    oh, my mistake...I thought they bought the latest super hit myspace.
    20 Dec 2013, 11:06 AM Reply Like
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