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.
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.
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?
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
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.
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.
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
I doubt YouTube is hardly making any profits at all. If I were the owner of YouTube, I'd be glad to sell.