Google buys YouTube for $1.65 billion

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-- Google buys YouTube for $1.65 billion
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Posted by emc^2 on Oct-10-2006 00:31:

quote:
Originally posted by chris harrington
I dont get it

You know the expression "snow ball's chance in hell?" - well, it's an exagguration of sorts on the idea.

bottom line, "no chance of that working"

Posted by chris harrington on Oct-10-2006 00:39:

oh yeh i get it now.

Posted by dallastar on Oct-10-2006 00:45:

sold

Posted by igottaknow on Oct-10-2006 00:55:

quote:
Originally posted by lex400sc
google overpaid

seemed like a lot to me too but, if you noticed they didn't pay in cash...

quote:
$1.65 billion in a stock transaction

Posted by Danny Ocean on Oct-10-2006 01:13:

quote:
Originally posted by EXTREMUM
This, I find very believable. I don't see how YouTube can be worth so much.

do you know how much traffic youtube gets? apparently not.

Posted by Fast Turtle on Oct-10-2006 01:20:

On demand digital media through the internet is going to replace TV sooner than later. Google is making a smart move on their part, most likely.

Posted by jdat on Oct-10-2006 01:26:

quote:
Originally posted by igottaknow
seemed like a lot to me too but, if you noticed they didn't pay in cash...

Yeah that makes the deal much less expensive for Google.

I wasn't able to find for sure the total volume of Google shares but at todays market price each share is worth 429$

Based on potential trade volume of 7606719 shares ( I'm not sure if that's what the number means )
current google stock value is 3263282451 $

Based on the market debut of Google and it's stock volume of 19.6 Million shares at the time
current google stock value is 8408400000 $

yeah in either case they got money to spare

I am pretty sure I have the current stock volume way off and possibly way below the real amount. I know that during 2005 or so they put new shares on the market so I'm unable to know the actual figure.

Posted by kadomony on Oct-10-2006 03:11:

http://www.tranceaddict.com/forums/...threadid=374719

Posted by EXTREMUM on Oct-10-2006 03:12:

quote:
Originally posted by kadomony
http://www.tranceaddict.com/forums/...threadid=374719

Repost.

Posted by plaxx on Oct-10-2006 04:59:

quote:
Originally posted by Danny Ocean
do you know how much traffic youtube gets? apparently not.

also the fact that youtube had over 50% marketshare and google started feeling the heat.. knowing google, they'll make something out of it and all of you will love it.

Posted by Nayil on Oct-10-2006 08:35:

smart

very smart

Posted by Danny Ocean on Oct-10-2006 21:20:

Posted by bas on Oct-10-2006 21:25:

Several companies (the only ones I can remember now are MTV and Vivendi) are thinking of contracting with YouTube to offer some of their content online. Anyone remember when NBC went on a rampage and started demanding that all the SNL clips on YouTube be deleted for copyright infringement? Total bullshit, no one was stating it was their own content and EVERYONE FUCKING KNOWS THE COWBELL JOKE is from SNL

I'm only upset about this because I saw a skit on SNL with a MySpace class at an adult learning annex and it was so funny. The class consisted of one concerned mother and a bunch of peadophiles

Posted by jdat on Oct-10-2006 21:25:

Not that having such takeovers taking place is new but we can officially say that the corporate world has certainly been turned upside down on it's head.

Great video

Posted by jdat on Oct-10-2006 21:28:

quote:
Originally posted by dj_bas
Several companies (the only ones I can remember now are MTV and Vivendi) are thinking of contracting with YouTube to offer some of their content online. Anyone remember when NBC went on a rampage and started demanding that all the SNL clips on YouTube be deleted for copyright infringement? Total bullshit, no one was stating it was their own content and EVERYONE FUCKING KNOWS THE COWBELL JOKE is from SNL

I'm only upset about this because I saw a skit on SNL with a MySpace class at an adult learning annex and it was so funny. The class consisted of one concerned mother and a bunch of peadophiles

In regards to SNL what really hit it home was the Natalie Portman rap.

The video was pulled from youtube but they noticed how much of a new crowd SNL got after that. Now NBC has this video in question ( and many others ) on their own website.

And yeah lmao with the Myspace skit.

Get video codes at Bolt.

Posted by bas on Oct-10-2006 21:31:

quote:
Originally posted by jdat

Nice, I'm aware of NBC's online SNL skits that you can view at their website, but I didn't know that the MySpace one was anywhere. It's fucking funny

And the rest of you? "what she said" haahaha

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