Viacom to buy Atom Entertainment

You might know Atom Entertainment through its in home company Atom Films. It highlights short films and the ShockWave series of game sites.

Well the San Francisco company is about to be purchased by media giant Viacom according to the Wall St. Journal.

The price is rumored to be $200 million; Valleywag reported on the WSJ story first. Viacom was rumored yesterday to be interested in purchasing social networking site Bebo, possibly for a staggering sum. Bebo plus Atom under the Viacom umbrella could pose a formidable challenge to MySpace.

I am really looking forward to seeing some real MySpace competitors. If that ever happens.

Viacom to buy Atom Entertainment [TechCrunch]

Recent Entries:
· The Rebirth of Hip-Hop? Right...
· Cloud Computing: The Buzz and Blur
· Spore: Inner Feelings from Outer Space

[ READER COMMENTS ]

Add your comments...

We kindly ask that you keep your comments relevant to this blog entry. Abusive or inappropriate comments or comments that are specifically promotional in nature may be removed.

Your Name: (required)

Your Email Address: (required, will be kept private)

Your Website's URL: (optional)

Would you like us to remember your info for next time?
YesNo

Your Comments: