Google Buys YouTube
October 9th, 2006
Well I stated last week that Google may have been in talks with YouTube to offer them a deal. MyWay is reporting that this is true. Google has purchased YouTube with Stock for 1.65 Billion Dollars. That’s right folks billion dollars! So here is the question, Is YouTube really worth $1.65 Billion? Myspace and other sites still get more visitors and posts than YouTube, so what is the reasoning behind this deal? I think this is an interesting price and purchase. What do you think? I have a feeling that Internet monopoly will be the phrase to be bloged about in the coming weeks.
Washington Times: Google to buy YouTube
Forbes: YouTube 2.0
Wall Street Journal: Google’s Deal
