LiveUniverse Buys Revver for Almost $5 Million

Many video creators still have videos on Revver that still pay money, so it’s good to hear the company’s been bailed out of hard times for now.
Troubled video site Revver was bought by Brad Greenspan’s LiveUniverse last night for a price “many multiples more” than the $500,000 to $1.5 million reported recently, according to a source close to the deal. Update: We now know that the price was just under $5 million, so it seems our source’s math was a little optimistic. We’ll add more if we can get more specific.
Our source would not disclose the selling price, but said …read more