SPOTLIGHT: Sony to acquire Grouper for $65M


The Internet TV and user-generated content sectors are gaining momentum and it looks like the big players are starting to take notice and open up their checkbooks: Sony has announced its intention to acquire YouTube-like site, Grouper for a cool $65 million. The news has sent similar sites like Revver, Blip.TV and others into a frenzy as they hope for a similar payday. Article