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  1. 10-07-2006, 12:02 AM #1
    Sandman53
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    Default Google to buy YouTube?

    From BBC news:

    Google is reported to be in talks to buy popular video-sharing website YouTube for $1.6bn (£856m).

    The Wall Street Journal said discussions between the two sides were at a sensitive stage and the talks could break up.

    Neither Google nor YouTube have made any comment.

    Launched in February 2005, YouTube has grown quickly into one of the most popular websites on the internet, with 100 million videos viewed every day.

    Previous denials

    Founded by three former employees of eBay's PayPal electronic payment unit, YouTube has denied previous rumours of a takeover.

    YouTube chief executive Chad Hurley said earlier this year that the company was not for sale and a future share flotation was possible.

    A potential future problem for YouTube and any buyer, is that a great many users put up their favourite music videos and film clips, for which they have not gained copyright approval.

    YouTube has an estimated 20 million individual visitors each month.
  2. 10-07-2006, 12:09 AM #2
    Endless
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    Pretty soon, Google is going to take over everything (hopefully not this site). In my opinion, It's a stupid idea to sell YouTube.. YouTube was doing really well, and I think it'll be stupid if they sold it to Google. I mean, as you said, 20 million people visit the site, so YouTube is bound to get a lot of money by putting up ads.

    If at least half the users spend at least 1 dollar on what the ads imply, then within a few months YouTube would get over 16 Billion dollars.
  3. 10-07-2006, 01:33 AM #3
    Rayl
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    Google already has google video why do they need youtube >.>
  4. 10-07-2006, 01:43 AM #4
    Saint
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    Quote Originally Posted by Rayl View Post
    Google already has google video why do they need youtube >.>
    Exactly. Youtube is a competitor.
  5. 10-07-2006, 01:59 AM #5
    Endless
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    Quote Originally Posted by Saint View Post
    Exactly. Youtube is a competitor.
    Not only that, but there are millions of people who watch the videos. I just watched the news, and they say that since about 32 million watch, it's possible that youtube could get serious stocks. I'm sure google and other companies would like to get rid of competition, while earning money themselves.
  6. 10-07-2006, 02:25 AM #6
    Sandman53
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    Either that or take advantage of the popularity of youtube and make money for themselves...
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