ReadWriteWeb

LiveVideo.com, an online live video community that is a subsidiary of LiveUniverse, Inc. has now acquired 100% of Revver's stock. The acquistion will combine Revver's millions of visitors and 40 million monthly video streams with LiveVideo's social network, video, and live interactive offerings used by 200,000+ users per day. Both companies wil continue to operate their separate domains. Although Revver is happy by the deal and the promotion opportunities is will allow, Revver would have never been in this position if it wasn't for MySpace's decision to kill Revver in the first place.