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Posted by starsearcher on Oct-06-2006 18:11:

Google's buying YouTube...

...maybe

quote:

Google in talks to buy YouTube: report

SIMON AVERY

Globe and Mail Update

The Wall Street Journal is reporting that Google Inc. is in talks to acquire the on-line video site YouTube Inc. for approximately $1.6-billion (U.S.).

Such a deal would represent one of the fastest creations of wealth in Internet history. YouTube was founded just last year in a Silicon Valley garage. The startup claims to already account for 60 per cent of all videos watched on-line. The site attracts nearly 20 million unique visitors each month, according to Nielsen NetRatings.

The Journal cited a single, unidentified source it said is familiar with the matter. It said discussions remain at a "sensitive stage" and could break off at any time. The rumour was first circulated by Michael Arrington, editor of a blog called TechCrunch.

Google, the world's largest search engine, has declined to comment on the speculation. It has a large war chest of nearly $10-billion in cash. A spokesperson for YouTube was not immediately reachable for comment this afternoon.

YouTube established its first deal with a major media company only last month, when Warner Music Group agreed to post its music videos on the site in return for an undisclosed percentage of related advertising revenue.

This is not the first time rumours have swirled about a major media company acquiring the Menlo Park, Calif.-based firm. When speculation began earlier this year, Chad Hurley, chief executive officer of YouTube, said the firm was not for sale and in fact was considering its own IPO down the road.

Source: http://www.theglobeandmail.com/serv...06.wyoutube1006

Posted by Cosmic Fur on Oct-06-2006 18:16:

GOOTUBE?

Posted by starsearcher on Oct-06-2006 18:18:

quote:
Originally posted by Cosmic Fur
GOOTUBE?

24/7 pr0n channel

Posted by ShadoWolf on Oct-06-2006 18:19:

The deal would seem to make sense, but Google may be buying lawsuits (alleged copyright infringement by YouTube).

Posted by Misanthrope on Oct-06-2006 18:21:

smart ******s

*best post is awarded to CFur

Posted by Abercrombie on Oct-06-2006 19:30:

http://www.gootube.net

Posted by Magnetonium on Oct-06-2006 19:32:

quote:
Originally posted by Cosmic Fur
GOOTUBE?

Posted by Magnetonium on Oct-06-2006 19:36:

ROFL LMAO ... The funniest joke of the year. I just cried laughing .... GOOTUBE!

Whats funnier is that there is a gootune.net website with a logo that has a bit of both!

Posted by loca on Oct-09-2006 21:24:

Well it's done. Google has bought YouTube for $1.65 Billion.

Link to the article

Posted by King Luis on Oct-09-2006 21:42:

i just heard it on the news now.
google is going to explode with free stuff on the internet. ie: video hosting, maps, mail, etc. i'm guessing they'll probably take over something like myspace next.

Posted by LiamK on Oct-09-2006 21:56:

quote:
Originally posted by Cosmic Fur
GOOTUBE?

I think "goomytubazon" was the scariest one I heard. That is bound to be bad for all of us in the end.

Posted by Swamper on Oct-09-2006 22:32:

Google has been running video ad pilots lately - the most recent one being a month ago between MTV/Viacom and Google - they chose 200 sites (TA was one of em) and ran them for a month to gauge user response/clickthrough rates for Video/Content ads.

By having such a large "video-friendly" user base like Youtube they just made it easy for themselves to implement context-relevant video ads (based on tags) alongside the vids on there. Rather than share that revenue with Youtube it made more sense to just acquire it outright. That's my guess.

Posted by littleannie on Oct-09-2006 23:12:

http://video.google.ca/videoplay?do...980142001366013

i used the new "google video" last week... but it seems they are temporarily unable to accept new uploads

Posted by E2EK1EL on Oct-09-2006 23:27:

That's wicked dude!

Posted by dallastar on Oct-10-2006 00:41:

SOLD
...... for $1.65 billion

Posted by Skipper on Oct-10-2006 02:19:

I'm interested to see how google starts screening for copyrighted material. One of the great parts about youtube that you could see just about anything. Google, being a publicly owned company, isn't going to be able to do that anymore.

Posted by Chris Allen on Oct-10-2006 02:20:

quote:
Originally posted by dallastar
SOLD
...... for $1.65 billion

...... in stock options

Posted by Cosmic Fur on Oct-10-2006 05:09:

quote:
Originally posted by Skipper
I'm interested to see how google starts screening for copyrighted material. One of the great parts about youtube that you could see just about anything. Google, being a publicly owned company, isn't going to be able to do that anymore.

Very good point. It's a tough choice - somehow preventing copyrighted material from being added is going to kill off a huge userbase (because really, no one wants to watch some lame internet junkie's 10 minute video blog), but at the same time not preventing it is going to land you in hot water with copyright agencies.

Posted by Swamper on Oct-10-2006 07:58:

lol

Posted by Magnetonium on Oct-10-2006 10:29:

It's no coincidence that all world's major media is controlled by a few white rich men.

Posted by Skipper on Oct-10-2006 11:18:

The CEO of google is a woman.

Posted by starsearcher on Oct-10-2006 13:01:

quote:
Originally posted by Skipper
The CEO of google is a woman.

It is? since when?

Unless her name is Dr. Eric Schmidt

Posted by Cosmic Fur on Oct-10-2006 13:12:

Misinformati0wn3d!

Posted by klago on Oct-10-2006 13:17:

LOL@Dima!

Posted by Abercrombie on Oct-10-2006 14:35:

quote:
Originally posted by Magnetonium

It's no coincidence that all world's major media is controlled by a few white rich men.

That's racist.

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