Novelty shots proliferate Photobucket

Photobucket, which precedes Web 2.0 offerings like Flickr.com, remains No. 1 in photo-sharing due in great part to MySpace users who continue to upload pictures and videos to post elsewhere on the web, reports USA Today.

Photobucket currently serves 3 billion online images for 41 million members and accounts for 40 percent of all photo-sharing content. These figures eclipse Kodak Gallery, Shutterfly and Yahoo Photos, according to Hitwise. Together, Yahoo Photos and Flickr account for only 10 percent of the share.

The company is also generating ad revenue as users remain on the site for extended periods of time to upload photos.

Brand equity and formidable revenue figures lend the sense it may be among the next major websites for sale. Michael Arrington of TechCrunch says the site could sell for between $300 and $400 million.

Photobucket's reliance on MySpace may leave the company open to a crippling blow should the social networking vortex develop its own uploading abilities.

High numbers, however, keep the longstanding website confident. Last weekend alone over 8 million photos were uploaded.