Goo Tube

mad4 · #1 Oct 6th 2006, 2:26 am

Via Techcrunch

Quote:

I got an email tonight about a possible Google acquisition of YouTube that may be in the final stages before closing. Rumored price is $1.6 billion. A quick phone call to a VC confirmed that the rumor is circulating (he also confirmed the price), but that is far from confirmation that this deal is happening. I’m digging for more but the source on this one is very good.

We know that YouTube has had informal talks with a number of companies about acquisition in the $1.5 - $2 billion range. And I suspect Google won’t be daunted by the prospect of dealing with a ton of pissed off copyright holders.

T0PS3O · #2 Oct 6th 2006, 2:28 am

Interesting but it seems a bit off their chosen path. Not sure how true this will turn out to be.

mad4 · #3 Oct 6th 2006, 2:45 am

I thought Google Video was a success in its own right. Will be interesting to follow.

Rupert Murdoch was saying that Myspace Video could overtake Youtube within 60 days.

T0PS3O · #4 Oct 6th 2006, 3:05 am

I still only ever clocked around 10 myspace page impressions. It's the biggest piece of visual junk I've EVER seen. Worse than Geocities. I just refuse to get anywhere near it.

Based on that and assuming I'm not the only one of that opinion, I can see a competitor beat Murdoch and his nonsense-media outfit.

Indian · #5 Oct 6th 2006, 3:09 am

Why would Google buy Youtube when they have their very own Google Videos?

mad4 · #6 Oct 6th 2006, 3:25 am

Quote:

Originally Posted by Indian

Why would Google buy Youtube when they have their very own Google Videos?

To stop Yahoo buying them?

Indian · #7 Oct 6th 2006, 3:31 am

Quote:

Originally Posted by mad4

To stop Yahoo buying them?

Well, that would be a good reason but then Google will have 2 similar things going. Will Google merge YouTube and Google Videos?

A common domain where people can upload videos and search for videos on the Internet would rock. That would be the biggest online videos hub & impossible to beat by any company.

T0PS3O · #8 Oct 6th 2006, 3:36 am

It's the same reason why Getty Images also own iStockPhoto. Both to make sure indeed competition don't get it and for sheer market domination.

SumitBahl · #9 Oct 6th 2006, 4:13 am

As TOPS said they want to crush their competitors.

T0PS3O · #10 Oct 6th 2006, 4:16 am

Google is also probably the only company in the world who has the infrastructure to grow YouTube in a sustainable fashion. I'm talking servers and fibre and the required stash of cash.

khan11 · #11 Oct 6th 2006, 4:20 am

youtube is doing good business,i dont think they will sell it any cost

genkied · #12 Oct 6th 2006, 4:22 am

hmmm i just saw this..
Only a "moron" would buy YouTube: Mark Cuban

yfs1 · #13 Oct 6th 2006, 4:25 am

Quote:

Originally Posted by T0PS3O

Google is also probably the only company in the world who has the infrastructure to grow YouTube in a sustainable fashion. I'm talking servers and fibre and the required stash of cash.

Plus its a better match as they don't have to actually make it profitable (which seems nearly impossible), they can use it to bolster their other offerings and make their stock holders happy.

PS3 · #14 Oct 6th 2006, 7:48 am

Well it seems like Google really wants to dominate the world. Know there are rumors of Google buying Youtube. Check it out here.

What do you think?

nonmedia · #15 Oct 6th 2006, 7:52 am

I think it will just stay a rumor.

James Woods · #16 Oct 6th 2006, 8:34 am

I call BS on this. I've noticed something about YT recently that would suggest to me that they are indeed in talks to sell the site, but Google? Hell no.

EGS · #17 Oct 6th 2006, 8:37 am

Damnit! I wanted to buy YouTube!

Grrr...Google is always beating me to my purchases!

mad4 · #18 Oct 6th 2006, 8:39 am

Yeah, looks like your bid of $1.5 billion wasn't enough. Shit.

soniqhost.com · #19 Oct 6th 2006, 9:03 am

Google in talks to acquire YouTube for $1.6 bln: WSJ

Google is in talks to acquire video-sharing Web site YouTube Inc. for about $1.6 billion, according to a media report on Friday. The discussions are still at a "sensitive stage", the Wall Street Journal reported on its Web site, citing a person familiar with the matter. The existence of the talks was reported earlier today on the TechCrunch blog, the Journal reported.

Its not a surprise that they need to buy a video company since their video offerings haven't taken off. The price tag of $1.6 Billion is more then what I expected youtube to go for. Since its being bought by a big company with deep pockets. I wonder if their will be more lawsuits filed against YouTube/Google for copywrite issues.

James Woods · #20 Oct 6th 2006, 9:13 am

Quote:

Originally Posted by soniqhost.com

Google in talks to acquire YouTube for $1.6 bln: WSJ

Google is in talks to acquire video-sharing Web site YouTube Inc. for about $1.6 billion, according to a media report on Friday. The discussions are still at a "sensitive stage", the Wall Street Journal reported on its Web site, citing a person familiar with the matter. The existence of the talks was reported earlier today on the TechCrunch blog, the Journal reported.

Its not a surprise that they need to buy a video company since their video offerings haven't taken off. The price tag of $1.6 Billion is more then what I expected youtube to go for. Since its being bought by a big company with deep pockets. I wonder if their will be more lawsuits filed against YouTube/Google for copywrite issues.

It's just rumours, it won't happen.

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