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  • by: Staff
  • posted: Internet
  • 11 comments

10/06/2006

Google to Buy YouTube?

That's right, according to The Wall Street Journal, Google is in talks to acquire video sharing site YouTube for $1.6-billion. Analyst Trip Chowdhry says: "It's damn cheap for a company that already has a global presence." This rumor has not yet been confirmed by either party.
A purchase of YouTube could give a big boost to the online video efforts of Google. YouTube commanded 46% of visits to U.S. online video sites in August, according to market research firm Hitwise. That compared to a 23% share for the video activities of News Corp.'s MySpace social-networking site, and 10% for Google Video
[via TechCrunch - Gizmodo]

This entry was posted on 10/06/2006 5:12pm and is filed under Internet .
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There are 11 comments about this post (1 pages).

1
Posted at 10/06/2006 7:04pm by leandro koiti
well... I guess it's the google reply to the "internet veteran" Mark Cuban. according to him "only a moron would buy such a popular beginner [youtube]" since it would be "prosecuted until extinction" [read here] good wishes to google
2
Posted at 10/06/2006 9:45pm by 2dayBlog - Technology Journal, New Gadget everyday! » Blog Archive » Google buying YouTube?
[...] [via Techeblog] [...]
3
Posted at 10/06/2006 11:40pm by JEdd
Yeah.. google is just going to buy a website without doing any research or knowing and legal issues around the purchase of the site.. Its not like they have a whole flock of lawyers in thier employ.. Oh wait, yes it is.
4
Posted at 10/06/2006 11:54pm by ShadowVlican
google... after hiring all those smart people... i hope you make the right decision...
5
Posted at 10/07/2006 02:03am by FoX
am I the only one that thinks that photoshopped logo screams porn? Gootube? c'mon!
6
Posted at 10/07/2006 05:54am by Mr Wave Theory
How Much Would Founders and VCs Make on A YouTube Sale? YouTube may be wanting to sell because there are so many questions about its future. How much would everyone make if YouTube sold today? If the company sold at $1.5 billion, assuming the rule of 3, i.e. VCs own 1/3 and Founders own 1/3 and employees own 1/3, then here is what everyone would make: Sequoia Capital - $500 million. They invested about $30 million So, that would be 16x their money. Not bad. Not a Google homerun, but great for less than two years worth of work. More ... More about Youtube
7
Posted at 10/09/2006 8:23pm by Digitonomy.net » Google In Talk to Purchase YouTube? - Update: It’s official!
[...] Hat Tip TecheBlog via Gizmodo [...]
8
Posted at 12/14/2006 09:04am by IeriWinner_33
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11
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