4:11 PM

Its confirmed. Google buys youtube for $1.6 billion

said Monday it's buying No. 1 Internet video sharing Web site YouTube Inc. for $1.

65 billion in stock. The deal is regarded as a largely defensive one that leapfrogs Google into a leading role in a burgeoning Internet marketplace

Page Summary:
The deal is regarded as a largely defensive one that leapfrogs Google into a leading role in a burgeoning Internet marketplace. Indeed, many analysts chiming in on the deal Monday suspect Google's competitors will now seek to buy YouTube-wannabes in order to keep pace with their rival.

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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Summary of: http://www.iht.

com/articles/2006/10/19/business/youtube.php


The two companies will continue to operate independently, Google said as it announced the news on Monday. YouTube, launched in February 2005, has grown quickly into one of the most popular websites on the internet.

It has 100 million videos viewed every day and an estimated 72 million individual visitors each month. He said the two companies were "natural partners" to offer a media entertainment service to users, content owners and advertisers. The Google deals should enable internet users in the US to view music videos, artist interviews, and other footage from the two firms on Google video for free from this month.

Summary of: http://news.bbc.co.

uk/1/hi/business/6034577.stm


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Summary of: http://www.chicagotribune.com/technology/sns-ap-youtube-bedroom-backlash,0,2372493.

story?track=rss


It came just a few hours after YouTube unveiled three separate agreements with media companies to counter the threat of copyright-infringement lawsuits. Meanwhile, Google will continue to run a less popular video service on its own site.

"It's hard to imagine a better fit with another company," Brin said during Monday's conference call. The truce with Universal represented a particularly significant breakthrough because the world's largest record company had threatened to sue YouTube for copyright infringement less than a month ago. While Google has been hauling away huge profits from the booming search market, it hasn't been able to become a major player in online video.

Summary of: http://news.yahoo.com/s/ap/20061009/ap_on_bi_ge/google_youtube


Does it kiss you and tells you it loves you.

So please, just stfu and enjoy youtube cos you know you fucking love it. In yahoo, I can never get a good video clip there, but in this group i can. Thanks again, and hope you can offer even better tools to create vid cds of our favorites.

New on YouTube Who's got next.
Summary of: http://www.youtube.

com/watch?v=QCVxQ_3Ejkg


It still uses textual information like its competitors but combines this with speech recognition which, it beleives sets it above the competition. I'm not entirely convinced that speech recognition technology is advanced enough to be very useful just yet.

Blinkx has an idea of multiple small TV screens showing short video teaser clips to help you choose what to watch, but this just hurts my head. Email addresses are never displayed, but they are required to confirm your comments. It's great fun with big winnings and live automatic play records of hands.

Summary of: http://www.pvrwire.com/2006/10/11/microsoft-s-answer-to-the-youtube-google-deal/


More than 100 million videos, many of which are short videos created by the site's users, are downloaded a day on the site.

(more) Making money from Mentos Creators of a popular online video featuring the candy and Diet Coke fountains have made nearly $30,000 in advertising. (more) Quick Vote Will acquiring YouTube make Google a better investment. Some analysts have criticized Google for relying too much on advertising tied to keyword searches.

But he said Google needed to do something to become more competitive with MySpace, which currently ranks in second place in online video market share.
Summary of: http://money.cnn.

com/2006/10/09/technology/googleyoutube_deal/


Where the hard work of millions of people is collected together and sold off to benefit the few. That's like me posting to digg and asking for some of the ad revenue. The users were just the lame pricks who were incapable or doing simple stuff like posting videos on their crappy myspace pages without having their hands held.

Second, Google will undoubtedly invest their own knowledge of indexing and technology into YouTube, and make it even better than it already is. It was to share something you thought people would like to see.
Summary of: http://digg.

com/tech_news/YouTube_community_worried_by_Google_deal


"We could have never built this without the community. YouTube isn't as lawless as the old West, but it has served as the gateway to a new online frontier. Though enormously expansive, YouTube nevertheless has a distinct community of users who communicate by video and posted comments.

This motley crew is made up of bloggers, vloggers and other users, many of whom bristled when stars like Paris Hilton and Diddy attempted to promote albums with YouTube video channels. "What we've seen over the last year is, it doesn't matter if it's professional content or if it's user-generated content," says Supan.
Summary of: http://www.

newsfactor.com/story.xhtml?

story_id=46930


A deal for YouTube would be the crowning moment for a property that emerged as a cultural phenomenon almost immediately after it officially launched last December. ?In a world of too many choices, a video aggregator as the No.

A deal for YouTube would instantly vault Google to the lead in the business of online video, which is drawing increased interest from advertisers. The only question is whether they will be brought down by the media companies. He also makes an excellent point about issuing a special dividend to the shareholders.

Summary of: http://dealbook.blogs.nytimes.

com/?p=8111


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