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A Sad Weak For CD Sales

eBay Buys StubHub For $310 Million

Stubhub300806_1 StubHub which facilitated $400 million worth of concert, sport and event ticket sales last year has been acquired by eBay for $310 million.  I always hate it when good indie companies get bought by giants, but it's a validation that some Web 2.0 companies do generate real revenue and helps democratize ticketing for fans.