According to this post, they are buying it for $1.65billion http://www.musicwires.com/showthread.php?p=1590#post1590 Robert Edit: It is offical: http://news.bbc.co.uk/1/hi/business/6034577.stm
http://forums.digitalpoint.com/showthread.php?t=154123&page=7 There is already a thread about this. Rob
And yes it is official its even on Yahoo News And that it says: So I guess there are some minor things to tink out of the the deal. As far as copyright issues: So I am sure that is what is to be worked out eventually. I am sure a big time business would not buy into major trouble unless most of it can be dealt with legally before hand.
I am still wondering why did they buy it. I mean they were perfectly fine with google videos. It would more understandable if they did not have google videos and then bought youtube. But I am sure that they can use those organic visitors.
Obviously they needed a big publisher that could publish video ads. With Youtube in hands, they have purchased just exactly what the doctor ordered.
Google is getting bigger and bigger. I wonder how Microsoft and Yahoo are going to fight back because let me tell you this war has just begun. Microsoft is not going to stay with there hands behind there back neither is Yahoo.
I am not sure about Yahoo but Microsoft is way behind the game. They are doing too many things at the same time and neither one of those so-called ventures has impressed me. I don't think it's far too complex to fathom for a person posting at DP.
I would like to take this moment to say, I told you so! To all the nay sayers who said this wouldn't happen.
Will be interesting to see how quickly that will rise to 10 Also i wonder how Youtubes search rankings will be