RSSIs Google About to Buy on-line Video site You Tube for 1.6 Billion?
Google and You Tube in possible acquisition talks? A potential $1.6 billion deal for the on line giant Google to buy the on-line video sensation You Tube.
A deal between YouTube and Google would combine Google’s massive online ad system, which handles ads from hundreds of thousands of advertisers, with the top online-video site, according to several research firms. YouTube, San Mateo, Calif., says consumers view videos — which range from short home videos of household pets to clips recorded from TV shows — more than 100 million times daily through its service. (Wall Street Journal)
UPDATE: Google may announce deal to buy YouTube: source
The speculation and debate continues as to whether this is internet rumor or a reality.
NEW YORK (Reuters) – Internet search leader Google Inc. could announce a deal to buy the top online video service, YouTube Inc., as early as Monday, according to a source familiar with the matter.
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3 Responses to “Is Google About to Buy on-line Video site You Tube for 1.6 Billion?”
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I think Google is just making a joke, because 1.6 Billion for Youtube is just too much, I think. They would never sell anyway, if the site would make a real good money.
Thank you for sharing this story with me !
As Mark Cuban and others have pointed out — “YouTube” is a gargantuan “law suit waiting to happen.” They have so many copyright issues pending that buying them would be foolish. The only reason they have not been sued yet is that they don’t have any money to sue FOR yet. Once they have “deep pockets” — watch out!
wreck,
I read the same article by Cuban. Unique content is one thing or if companies want to throw up video add on You Tube, but there is an awful lot of copyright issues on there.
R