Google Offers $1.6 Billion For YouTube
![[Google Labs Bubbles YouTube]](/images/tmb/google and youtube.gif)
Advertizing On YouTube
I recently read an article where YouTube founders were reportedly reluctant to capitalize on their user reach with commercials. They wanted to do it right.
Looks like they may have found the right price, at least – Google is in early talks to buy YouTube for a cool $1.6 million (EDIT: Did I say million? I meant billion. Holy cow), according to the Wall Street Journal.
It will be interesting to see what the Labs concocts next. Combining AdSense with the huge inventory of tagged video is top on the list of potential uses…
User Poll – Is YouTube Worth It?
[poll=7]
About You
[poll=8]
Loading...
Interesting side-effect of free video – copyright infringement. It’s been the one big issue for YouTube. This time it’s American Airlines: http://news.com.com/2100-1030_3-6048032.html
Joe - October 9, 2006 at 1:49 pm
GooTube. It’s official: Google inked the deal with YouTube for $1.65 billion yesterday (10/9) and is emphasizing a focus on ensuring copyright protection.
It’s the most Google’s ever paid for a company; last year they bought fifteen companies for $130.5 million.
Fox News: Analysts Applaud YouTube-Google Deal (10/10)
Market Watch: A flat opening; Google up on YouTube deal ( Oct 10 – 10:29 AM ET)
» Find more news about the deal
Joe - October 10, 2006 at 1:08 pm