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Goo Tube - Google buys Youtube for $1.6 billion

Discussion in 'Google' started by mad4, Oct 6, 2006.

  1. soniqhost.com

    soniqhost.com Notable Member

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    #21
    I think it might happen because 1. Online Video will be a large media for advertising and 2. Google Video isn't doing well against Youtube.
     
    soniqhost.com, Oct 6, 2006 IP
  2. Tyler Banfield

    Tyler Banfield Well-Known Member

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    #22
    [​IMG]
     
    Tyler Banfield, Oct 6, 2006 IP
  3. TomN

    TomN Peon

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    #23
    youtube controls a very large portion of u.s. viewers. more than myspace and google video. Google wants that market share. They can cross promote things and tie it into their existing accounts or tools or whatever. Also they can sign deals with music companies to pay them royalties. I think it is a decently smart move for google, albeit a pricey one.
     
    TomN, Oct 6, 2006 IP
  4. SumitBahl

    SumitBahl Reign of Chaos

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    #24
    I dont believe they are going to change the name.

    But its a nice logo you did. Email it to Sergy or Larry.
    You have their email or should I PM you? :p:D;)
     
    SumitBahl, Oct 6, 2006 IP
  5. Tyler Banfield

    Tyler Banfield Well-Known Member

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    #25
    Of course I have it, we chat all the time :D
     
    Tyler Banfield, Oct 6, 2006 IP
  6. IamNed

    IamNed Peon

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    #26
    1.6 billion isnt much money for google

    It is a drop in the bucket when you consider that tha market cap is a whopping 130 billion and if the stock goes up 5% it is already paid for
     
    IamNed, Oct 6, 2006 IP
  7. stereolab

    stereolab Peon

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    #27
    they are? where's their revenue?
     
    stereolab, Oct 6, 2006 IP
  8. James Woods

    James Woods Banned

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    #28
    In their bank account.
     
    James Woods, Oct 6, 2006 IP
  9. d16man

    d16man Well-Known Member

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    #29
    Check out the link...google is in talks to buy youtube...

    link
     
    d16man, Oct 6, 2006 IP
  10. frisby

    frisby Well-Known Member

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    #30
    I think this is the only think I can say. ;)
     
    frisby, Oct 6, 2006 IP
  11. JonathanLyons

    JonathanLyons Active Member

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    #31
    the costs that YouTube is enduring to maintain the bandwidth and handle the traffic it receives...on top of the limited revenue they are generating right now...this would be a great move on both their parts. google will inherit one of the top ranked sites on the net with a loyal following and at the same time, eliminate a large competitor to their google videos. they can then implement their google adwords all around these video clips. youtube would still make a large profit on the buyout and no longer have to suffer the incredible costs of maintaining their site.
     
    JonathanLyons, Oct 6, 2006 IP
  12. James Woods

    James Woods Banned

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    #32
    But then Youtube could add adsense too..and make a profit.
     
    James Woods, Oct 6, 2006 IP
  13. Raisin

    Raisin Active Member

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    #33
    If Google doesn't buy Youtube someone else will. Youtube may act like their not selling, but that's just a ploy to drive the price up.

    This will be a great move by Google if they can pull it off. Combined with their own video service they'll have a huge lead over any competitor.
     
    Raisin, Oct 6, 2006 IP
  14. mehbooba

    mehbooba Peon

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    #34
    it was on BBC news a few minutes ago. Both are keeping hush.. but sources say the google will be paying $1.6b to $2b

    its on the bbc website as well :

    Google 'in talks to buy YouTube'

    Google is reported to be in talks to buy popular video-sharing website YouTube for $1.6bn (£856m).

    The Wall Street Journal said discussions between the two sides were at a sensitive stage and the talks could break up.

    Neither Google nor YouTube have made any comment.

    Launched in February 2005, YouTube has grown quickly into one of the most popular websites on the internet, with 100 million videos viewed every day.

    full article here :
    http://news.bbc.co.uk/1/hi/business/5414432.stm
     
    mehbooba, Oct 6, 2006 IP
  15. IamNed

    IamNed Peon

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    #35
    Google missed on myspace..so now now youtube is available
     
    IamNed, Oct 6, 2006 IP
  16. frankcow

    frankcow Well-Known Member

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    #36
    this thread title is a little misleading, the purchase hasn't taken place yet
     
    frankcow, Oct 6, 2006 IP
  17. blindguardian

    blindguardian Active Member

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    #37
    I highly doubt that, but you never know. :D
     
    blindguardian, Oct 6, 2006 IP
  18. n.b

    n.b Peon

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    #38
    That is exactly what I have read on several news websites.
     
    n.b, Oct 6, 2006 IP
  19. James Woods

    James Woods Banned

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    #39
    I bet you $1000 they will not buy Youtube.
     
    James Woods, Oct 6, 2006 IP
  20. Computerized

    Computerized Well-Known Member

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    #40
    I doubt YouTube is hardly making any profits at all. If I were the owner of YouTube, I'd be glad to sell.
     
    Computerized, Oct 6, 2006 IP