http://money.cnn.com/2006/10/09/technology/googleyoutube_deal/index.htm?cnn=yes its on cnn but they havent bought it yet..
it will not be good for those who dont have copyrighted stuff on YouTube. And they will sell movies and other videos like Google Videos.
Didn't someone post the pic of the corporate office of YouTube and it was like a dungeon? Unbelievable. I am now willing to sell my MySpace resource site for 1.1B That's half a billion less! Don't wait!
I wonder if it has anything to do with youtube stealing the spotlight just when google video was starting to get really popular? It's fine with me, I'd rather see youtube in google's hands rather than Fox or CBS.
IMO, it is a horrible deal for google to buy YT for $1.6B. However, google must think they can earn it back if they are willing to pay that. I think google could pass YT if they worked at it enough.
Google Corporate Philosophy # 638 If we put out a product (google video) and anyone does it better than we do, we will just buy them out (youtube).......no more competitor.. feel free to insert your own items in the ( )
"The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history." Thats ridiculous!
What is even more assinine is nobody is sure Googles valuation is correct.....theyre stock can drop and if history repeats itself like it often does there is going to be a Google correction that is going to hurt a lot of people Think any tech company and stock plumments - orcale dell microsoft aol etc...
now that is really huge amount for a website Rs.756 crore!!!! and still 27 and 29.. hhmm thats brilliant for that age..
http://digg.com/business_finance/Google_Agrees_to_buy_Video_Site_Youtube_for_1_65_Billion What an investment for them. Man google are growing like crazy. I wouldnt be surprised if they ended up owning the entire internet in a couple of centuries.
If you guys have yet to notice that people watching tv shows, movies has DROPPED. Reason? the internet With the power of youtube and google video, they can reach a new brand of marketers. Dont be surprised in a few months when you see a mcdonalds ad before you watch your youtube clip.
"The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history." What's next? While Google buy DigitalPoint.com? Eric