Quote:
Originally Posted by SweetT
When are you people going to realize that the Google/YouTube deal has absolutely NOTHING to do with videos...NOTHING.
On September 31, GOOG was trading for just under $400/share. Within a month of the announcement it was trading at more than $500/share. Google's stockholders value went up by almost $5B (yes, that is a B)...and don't you for one second think that it was a coincidence. The stock market is what makes the world go around...it is legalized gambling and companies do it ALL THE TIME!
It doesn't take a brilliant business person to answer this question.....Is it a good deal if a company acquires another company for $1.6B if 30 days later their value increases by more than $4B??
Seems like an easy answer to me.
--T
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Captain Obvious, they wouldn't have bought it if there wasn't potential in it... people gamble on potential.
We have pre videos ads getting 12 % CTR on our network... because people are forced to watch them unlike standard television where you can zap... for now.
Online broadcasting is one of big things that's going to happen on the internet in the next 2 years, and they bought the biggest recognized support for it.
In the end, it's all about making money.
P.S. Even Bill Gates said online broadcasting is the future of television.