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Google buys YouTube for $1.6B

post #1 of 21
Thread Starter 
http://www.marketwatch.com/News/Stor...yhoo&dist=yhoo

Quote:
On Monday, the boards of directors of both Google and YouTube approved the terms of the deal, which was announced after the market closed for the day
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post #2 of 21
Yay.
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post #3 of 21
It seems kinda pointless to me....am I missing something?
    
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post #4 of 21
I knew it would happen! HAhaha! I was right!
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post #5 of 21
I bet the YouTube guys feel pretty good right about now somthing so easy to make sells for $1.6B.

(I hate vblogers)


-Sparda
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post #6 of 21
Quote:
Originally Posted by SpardaHK
I bet the YouTube guys feel pretty good right about now soming so easy to make sells for $1.6B.

(I hate vblogers)



-Sparda
After taxes that's only like 800mil
    
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post #7 of 21
Quote:
Originally Posted by Snerp
After taxes that's only like 800mil
~1B
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post #8 of 21
So... GoogleVideo is going to disappear I guess? Maybe change the name to GoogleTube?
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post #9 of 21
I heard a while back that Microsoft was making a competitor to YouTube, maybe they wanted to keep them at bay.

I don't why they would want to buy it though, supposedly it hasn't made the creators much money (untill now), and I can't see google selling it in the future.
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post #10 of 21
Quote:
Originally Posted by The Pook
~1B


The only thing I can see google looking at is the possible income from advertisements.

Quote:
Originally Posted by rippon
I heard a while back that Microsoft was making a competitor to YouTube, maybe they wanted to keep them at bay.
Why is Microsoft trying to play catch-up with anything and everything tech related?
    
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