Google buying YouTube??!??
 

$1.6 Billion!

http://www.marketwatch.com/News/Stor...7AFC82FBA84%7d

oh snap!!

Interesting. There was another thread earlier this week citing a billionaire who argued it would be dumb to buy a site like YouTube.

Interesting...................... i think that who ever buys you tube will end up getting sued big time

I think that was Mark Cuban... owner of Dallas Mavericks, sold Broadcast.com to Yahoo..

They already have videos.google.com which is pretty similar... I dont know why they would need more !?!

Still in the rumor stage but will be interesting to see what happens

If you cant beat them, buy them.

Google lawyers are in for some late nights soon, if this is true

Google just signed an advert deal with news corp for almost 1 billion.

They want to avoid the possability of doing this with youtube by buying them out.

At least that is one of many reasons....

lol :1orglaugh :1orglaugh

That's nuts. 1.6 billion dollars can buy a lot of advertising, promote a lot of stuff, launch a lot of new programs. It's 1.6 billion! Is youtube really worth that much? There is much more money to be made elsewhere, surely.

seems pretty obvious to me.. buying out your biggest competition.

Yep and if youtube can add video ads or text ads on the site google will be competing with yahoo, MSN, and Ask.com for the exclusive deal. They may end up paying more for a 5 year term than the actual straight out purchase price.

Obvioulsy the actual application that youtube built is not that hard to duplicate but they are buying the eyeballs and audience that comes with it.

I thought Yahoo already bought youtube like 2 or 3 months ago?

apparently Im mistaken

No...they are looking more at Facebook.com

Both are on the block so we will see who buys who soon :)

youtube is like crack yoo :upsidedow

go google :thumbsup

id spend 1 billion to make google videos like youtube and put in a ton of advertising! and keep the 600 mil

Why buy the paper when you can print it?

why didn't I invent youtube <sigh> :disgust

Well google already pay a lot to youtube since there is google adsense.

I offered 250 bucks last month now everyone wants to make an offer.

they already have the google video...wonder why would they'd still be interested in youtube

Dayam.....

i dont get why they would want to buy youtube
i dont like that move

ahh nice nice :)

It's a smart move. No need to say why :2 cents:

Google thinks ahead... youtube just got itself established as the first internet video sharing site. It's getting more viewers than CNN, FOX and all the major tv networks. In a few years this is going to be tv, whatever you want to watch on demand. Good for those GOOG holders...

good deal for youtube owners

I tend to agree...when IPTV rolls around this will be a huge channel

that's true, but it's still real early and for free on their google search page or for a small amount like 100 million they can brand google video with a hot easy to remmember name and beat youtube in 2-3 months. just a few ad spots and they win. add to that they already have more infrastructure in place and could just make a few quick deals with nbc or someone and start broadcasting full tv shows with ads on demand in a week if they wanted to.

google is taking over

thats insane! why would google buy youtube? why don't they just develop google video then they have means and shit and everything! they can market that for sure!

Yeah man, good point. But I guess they rather buy their competition instead of trying to beat them. Youtube is waaay too popular nowadays, even here in brazil where less than 10% of the pop. speaks english, it's an worldwide fever.

its not true, i just bought Utube

Google is getting this site for a good price IMHO. Youtube is one of the busiest sites on the net and only getting bigger...

The issue about legality of content is something google is going to have to clean up... However I think google has the reserves to weather the storm even if they do get sued or have a class action lawsuit.

Regardless the legal threats will only make youtube more popular and draw more people in to take a look.

Just my 2 cents but I think it's a very smart purchase... Just think how much money they could make off adwords alone if they put it on there LOL!

DH

pimp


Mr. Romance

I want to have that amount of money