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Rumour: AOL considering giant reversal by selling Bebo
TechCrunch gives huge credit for the massive acquisition price to Bebo’s ability to pull huge advertising budgets out of undiscriminating TV ad buyers (pointing out that TV budgets are massive and unaccountable compared to online budgets). It also suggests that these budgets, and hence Bebo’s revenues, were not sustainable.
It’s a fascinating read – and the latest Update there suggests that AOL is looking for a price tag of only $200 million.