The guys who made youtube are lucky. so what is google going to gain out of this if youtube is going to be separate and independent and wont have the Google brand name all over? I also read that google will still operate google video. So im lost and dunno what the point is.
yeah but if they dont sell anything or put google adverts everywhere, how is it going to make google bigger? Are they jsut going to put google ads on everything? I hope they dont end up closing google video because all my sites videos are hosted there
Not sure if this has been posted already (apologies if it has) it's quite a nice analysis of the story: BBC News - YouTube Purchase Cheers
I still dont know if this is a good or bad news. Well, google have the resources to massively improve youtube's services but then we have to expect all those advertisement before, after or maybe within the video
google arent in theory paying a penny for YouTube. its all being paid for out of google stock. so its a win win situation for both sides. no cash depletion for google, and youtube guys get highly valued stock.
The site has been alive for about 18 months now and look how much it was sold for. Article http://today.reuters.com/news/articlenews.aspx?type=domesticNews&storyID=2006-10-10T104656Z_01_WEN6650_RTRUKOC_0_US-MEDIA-GOOGLE.xml&WTmodLoc=USNewsHome_C1_%5BFeed%5D-8 I wish my site sells for that one day.
They already own the Most used Search engine and now they are going for the monopoly of the Video Search engine.
ummm i got a site which is 18 months old as well and it has adsense... maybe I could sell it for a billion bucks to google as well
Why even have a world wide web? It should just be called googleweb. At some point there wont be anyting on the internet left but google.
You would think Google needs to become be strict when it comes to the availability of copyrighted material on YouTube. However, it may argue that video snippets are the same as text snippets from copyrighted books. Google has the money to fight large scale lawsuits from the entertainment industry -- just the same as it has the money to fight the suit brought by the Association of American Publishers for its Google Book Search project. An article about that notes: Will Google will use the same approach with YouTube? Having said that, there will be a mountain of music videos and clips available to YouTube under agrements that Google and YouTube had already forged with some of the major music companies. I saw some speculation Google might seek to wrap targetted advertising around pirated material . . . allowing the "piratee" to convert the original theft into a future sales opportunity . . . earning money for them and Google.
One important factor to consider is how many people watch stupid lame homemade videos versus copyright media like music videos, TV clips, ect. I expect google will work a deal with the labels and insert ads the the end or start of every music video. Or may have to pull them out. If google pulled all music videos and other copyright material how much would traffic decline? if ads were inserted how much would traffic decline? I suspect the later would result in an small decline. I only use youtube to listen to music. I don't care for the homemade crap. I can find almost ANY music video or song on youtube and it is free without any ads. There is something wrong with that picture. It defies economic mantra of 'No such thing as a free lunch'.
I heard a thing on NPR this morning about this deal. Some expert was saying that if Google installs ads in the videos it will kill the site and people will go elsewhere. If they serve ads to the side they will do fine. If someone is watching a video on climbing the ads would be about climbing. It's the same thing Google has been doing for the most part.