News Corp’s (NWS) MySpace has just bought Photobucket, the largest online photo website and one of the top 50 websites in the US by traffic. The price? Only $250 million. Comscores says Photobucket has 20 million unique visitors per month.

Given the size of the site, and the fact that it is also a video portal, it is surprising that Yahoo! (YHOO) did not end up with Photobucket. It could have used a win.

Douglas A. McIntyre