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Goo Tube - Google buys Youtube for $1.6 billion

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

  1. #1
    Via Techcrunch


     
    mad4, Oct 6, 2006 IP
  2. T0PS3O

    T0PS3O Feel Good PLC

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    #2
    Interesting but it seems a bit off their chosen path. Not sure how true this will turn out to be.
     
    T0PS3O, Oct 6, 2006 IP
  3. mad4

    mad4 Peon

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    #3
    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.
     
    mad4, Oct 6, 2006 IP
  4. T0PS3O

    T0PS3O Feel Good PLC

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    #4
    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.
     
    T0PS3O, Oct 6, 2006 IP
    Chopster likes this.
  5. Indian

    Indian Peon

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    #5
    Why would Google buy Youtube when they have their very own Google Videos?
     
    Indian, Oct 6, 2006 IP
  6. mad4

    mad4 Peon

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    #6
    To stop Yahoo buying them?
     
    mad4, Oct 6, 2006 IP
  7. Indian

    Indian Peon

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    #7
    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.
     
    Indian, Oct 6, 2006 IP
  8. T0PS3O

    T0PS3O Feel Good PLC

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    #8
    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.
     
    T0PS3O, Oct 6, 2006 IP
  9. SumitBahl

    SumitBahl Reign of Chaos

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    #9
    As TOPS said they want to crush their competitors.
     
    SumitBahl, Oct 6, 2006 IP
  10. T0PS3O

    T0PS3O Feel Good PLC

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    #10
    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.
     
    T0PS3O, Oct 6, 2006 IP
  11. khan11

    khan11 Peon

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    #11
    youtube is doing good business,i dont think they will sell it any cost
     
    khan11, Oct 6, 2006 IP
  12. genkied

    genkied Active Member

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    #12
    genkied, Oct 6, 2006 IP
  13. yfs1

    yfs1 User Title Not Found

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    #13
    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.
     
    yfs1, Oct 6, 2006 IP
  14. PS3

    PS3 Banned

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    #14
    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?
     
    PS3, Oct 6, 2006 IP
  15. nonmedia

    nonmedia Peon

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    #15
    I think it will just stay a rumor.
     
    nonmedia, Oct 6, 2006 IP
  16. James Woods

    James Woods Banned

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    #16
    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.
     
    James Woods, Oct 6, 2006 IP
  17. EGS

    EGS Notable Member

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    #17
    Damnit! I wanted to buy YouTube! :mad:
    Grrr...Google is always beating me to my purchases! :D:D:D
     
    EGS, Oct 6, 2006 IP
  18. mad4

    mad4 Peon

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    #18
    Yeah, looks like your bid of $1.5 billion wasn't enough. Shit. :(
     
    mad4, Oct 6, 2006 IP
  19. soniqhost.com

    soniqhost.com Well-Known Member Premium Member

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    #19
    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.
     
    soniqhost.com, Oct 6, 2006 IP
  20. James Woods

    James Woods Banned

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    #20
    It's just rumours, it won't happen.
     
    James Woods, Oct 6, 2006 IP