Google Buys YouTube
October 9, 2006 by Jason Bean
Filed under Computers
I’m not really sure what the point is of Google buying YouTube, other than just expanding their ever increasing network of potential ad real-estate. I guess there’s really no other point to it than that though. If there’s any company right now that could probably buy YouTube for said $1.65 BILLION (that’s $1,650,000,000.00), it would either be Google or Microsoft. I believe it would be far more of a waste for Microsoft to have bought it though, so congratulations Google. Thank you for sinking that money into the economy. On a side note, is there any type of sales tax to that purchase that gets funneled directly into the economy?
Follow the coverage:
- Google Buys YouTube, Advertisers Rejoice
- Google to buy video site YouTube
- U.S. tech stocks climb on Google’s YouTube deal
- GoogleTube: Let the Billion-Dollar Buyouts Begin
- I still think Google is crazy :)
- Google Buys YouTube
- Google & YouTube: Maybe it Does Make Sense
- Google Buys YouTube for $1.65B
- Google acquires YouTube for $1.65 billion
Wow! You’d think Google buying YouTube was news or something.
Right now, Google Video has the capabilities to handle all of the video storage and bandwidth required. My understanding is that Google will allow YouTube to be it own identity allowing to flourish as it is. However, I am sure they will impose their standards of operation which may change YouTube. But I think this will put Google Video to the top of the poll.
See for yourself: http://todayspolls.googlepages.com/google_video_poll