haha did you know that there is only 25 youtube employees ? haha your a employee getting a part of that billion :lol:
1.6 Billion dollars for a site the size of youtube is REALLY CHEAP! YouTube is like Video Myspace for alot of its users. So needless to say the traffic is there. Google is looking to buy out youtube for the simple fact they are seeing more activity that Google Video
If i was the owner of youtube i'd be seling that ---- fasttt. The amount of copyright infingement on that site is incredible, im surprised no lawsuits have been filled against them yet.
I heard about this a week ago, and posted this on other forums, Google is definetly thinking about it. Heres something else... Internet search leader Google Inc is in talks to buy popular Web video site YouTube Inc. for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter. According to the newspaper, the talks are at a sensitive stage and could break off. Representatives for Google and YouTube were not immediately available for comment. Separately, Internet blog TechCrunch.com talked of what it called a completely unsubstantiated rumor of talks between Google and YouTube. YouTube has quickly ascended to the rank of top Internet video site since it was founded in February 2005 by letting users share homemade video clips. The site has been a subject of buyout speculation for months since its Chief Executive Chad Hurley was the toast of Allen & Co.'s media mogul retreat in July. Hurley has said in interviews with Reuters and elsewhere that the company was not up for sale. The site reports serving about 100 million videos daily and has attracted scrutiny from major media companies for pirated versions of copyrighted entertainment appearing on its pages. YouTube commands a 47 percent share of the online video search market as of September 30, compared with 22 percent for News Corp.'s MySpace video site and 11 percent for Google Video, according to Internet measurement firm HitWise Inc. YouTube site serves about 32 million unique visitors monthly and has about $11.5 million in venture capital financing from Sequoia Capital.
This is very akward, Google is a massive search engine site but how ever their google video cannot compete with other top leading video hosting websites, in this case youtube...I think it would be a slim to a longshot that youtube even sells thats my total opinion on this entire case unless google has enough upfront cash to satisfy them even though they are multi billionares + lol......
I don't like the sound of this. I like Youtube the way it is, and if Google buys it, who knows how it could change. And also, there is already Google Videos. Why would Google want to buy Youtube?
It's official now. And to respond to the top: Advertising potential, youtube has a massive user base. With tags and ---- been on videos then targeted advertising can be dine relatively easy and that means big bucks for google.