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Google's buying YouTube...
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| starsearcher |
...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 |
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| starsearcher |
| quote: | Originally posted by Cosmic Fur
GOOTUBE? |
:haha: :haha: :haha: :haha:
24/7 pr0n channel |
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| ShadoWolf |
| The deal would seem to make sense, but Google may be buying lawsuits (alleged copyright infringement by YouTube). |
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| Misanthrope |
smart ******s
*best post is awarded to CFur |
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| Magnetonium |
| quote: | Originally posted by Cosmic Fur
GOOTUBE? |
:haha: :haha: :haha: :haha: :haha: :stongue: :stongue: :stongue: |
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| Magnetonium |
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! |
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| King Luis |
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. |
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| LiamK |
| 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. |
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| Swamper |
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. |
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