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Google announces it will purchase YouTube - U.S. Business - MSNBC.com »
Posted by: ck 1 year, 10 months agoSAN FRANCISCO - Google today said it will buy YouTube for $1.65 billion in stock in a deal that unites one of the Internet's marquee companies with one of its rising stars. A YouTube representative said the startup's primary spokeswoman won't be available for comment until after the stock market closes.
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Comments: 29
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kingofthecounty
Oct. 9, 2006, 4:32 p.m.Well, it was nice while it lasted....
Now the site will smell of a corporate taint.
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MacR
Oct. 9, 2006, 4:39 p.m.Well we can kiss it good-bye now that Google is going to own it. Man someone needs to stop google now. Are we sure that Gates is not the soul owner of the thing?
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mozzer
Oct. 9, 2006, 5:13 p.m.Well, there goes all the illegal, copyrighted content that's been uploaded. You know, the stuff that made youtube worthwhile.
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GADAWG
Oct. 9, 2006, 5:17 p.m.I guess this means Mark Cuban thinks Google is an Idiot...
Somebody will take YouTube's place as the #1 illegal video sharing site.
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BobBobbins
Oct. 9, 2006, 5:56 p.m.Has anyone else noticed how Google keeps messing with the view counters on 'Terror Storm' over at Google Video?
I guess that's the same kind of impartiality we can come to expect from YouTube.
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marufio
Oct. 9, 2006, 6:09 p.m.I knew this deal would go down, this is not the first website Google has bought and it wont be the last. Google just has money to burn. By the way the only thing that can stop Google is Google itself.
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st-shade
Oct. 9, 2006, 7:09 p.m.Well, I guess this means we get to see the kids putting the Mentos in the Diet Coke, but the explosion? $9.95 a month for that, buddy.
Rest in Peace, o You of Tubes.
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deathray
Oct. 9, 2006, 7:12 p.m.I still think this is too much to pay, but I think Google will basically apply banner ads the way they did to search, and turn a profit that way.
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_kam0_
Oct. 9, 2006, 8:02 p.m.OMG, $1.6Billion, but all stock, I guess tonight YouTube founders will be partying like it's 1999.
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michaelgoonan
Oct. 9, 2006, 9:03 p.m.I wonder if they will re-brand it as Google Video? Or maybe they'll change Google video to Youtube? It would be kind of strange if they had two different services that did the same thing. Does anybody see http://youtube.google.com/ coming on?
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RhinoPaste
Oct. 9, 2006, 9:09 p.m.All afternoon I keep seeing little comments by people thinking Google will start to charge a subscription for viewing content on YouTube. That seems ridiculous to me. Google has a long track record of developing / acquiring properties to draw viewers into the overall fold. Some properties they monetize with advertising. Some they do not. In the end they still win for giving so much away for "free."
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_kam0_
Oct. 9, 2006, 10:28 p.m.> kam0, how does a new-found billionaire party? :-)
I don't know, ask me in a couple of years ;-)
> OMG, $1.6Billion, but all stock, I guess tonight YouTube founders will be partying like it's 1999.
I was referring to the fact that 1999 was the year that had the greatest number of all-stock (i.e. no cash) takeovers worth billions and then it all went bust as well as to the Prince song.
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MasterPeace
Oct. 10, 2006, 4:33 a.m.Consultation with the Fraudulent Gurus was a key element in the inking of this deal that is seldom being reported. Bill Gates introduced the two Sudhay to Eric Schmidt.
Saku Rado for more info.
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Searchbeam
Oct. 10, 2006, 9:02 a.m.Go Google!
I hope this helps you make M$ irrelevant and immaterial.
Some people will always bitch, moan and groan when there is a change. Don't forget that some changes are really good for browsers like us. Only time will tell.
My gut feeling is that Google will let YouTube build upon its own success and provide enough resources for its future.
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blackdawn425
Oct. 10, 2006, 9:43 a.m.Well I'm not suprised utube was purchased it was all just a matter of time. However I don't think google will change it very much. Even if they do it's not like there aren't a thousand other video download sites we can't all turn to. Sites never stay popular for long something always comes and replaces it, such is the way of the internet. Does any one still remember live journal which was forgoten due to a thing called myspace?
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xxILuvRunescapexx
Oct. 10, 2006, 11:03 a.m.I don't WANT youtube to go good-bye! It has many of my favorite songs on there. Google, I can personally garuntee you a sue if you delete that websight!
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mrsolutions
Oct. 10, 2006, 1:01 p.m.I think Google are a responsible enough company to look after YouTube and keep its userbility.
YouTube needs someone with deep pockets to handles the copyright lawsuits in the early days.
To read my take on it see:
http://news.netscape.com/story/2006/10/10/analysis-of-the-youtube-acquisition-by-google
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MikeReardon
Oct. 12, 2006, 2:09 a.m.Google is now the real serious web investor. The price $1.65 billion make trash of my view of web 2.0 as a low cost start up audition into a bigger fish. The price of on-demand tv, movies, service and documents will need to repay the debt. $1.55 billion for brand and program cost $0.55 billion. $0.55 billion would make a lot of VC investors of web 2.0 start-ups happy. But if it all stock it may make its cost back this year. Make it work people.
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ck
Once upon a time, I was the Managing Editor, Director, and Lead Anchor for Netscape and a contributor to various Weblogs, Inc. blogs, including TV ...
