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Google spends $1.7B to buy YouTube

Discussion in 'Sports and News' started by Freelance Hack, Oct 9, 2006.

  1. Del_B_Vista

    Del_B_Vista Active Member

    He said that it's just a matter of time before they get their ass sued off for copyright infringement. I don't think the copyright deals today are going to fix that problem, though. It won't stop Johnny Ninth-Grader from posting a South Park clip or college kids from posting Conan/Stewart/Colbert clips.
     
  2. SF_Express

    SF_Express Active Member

    That's not the direction these kinds of companies are headed in, although I supposed there might be some "premium" aspect of it somewhere down the road.
     
  3. Idaho

    Idaho Active Member

    SF,

    I'm not plugged in like some people, but how does YouTube stay afloat? I see one sponsored ad from Cingular but no other visable means of revenue?
     
  4. heyabbott

    heyabbott Well-Known Member

    said the man who traded FOR Juwan Howard
     
  5. Mizzougrad96

    Mizzougrad96 Active Member

    Said the man who made billions selling an internet company...
     
  6. thebiglead

    thebiglead Member

    It kind of makes us wonder if it's wise to quit our day job, throw everything we've got into the website, and see what happens.

    :-\
     
  7. three_bags_full

    three_bags_full Well-Known Member

    Good for YouTube. And a pretty good move from all indications on the part of the boys at Google.
     
  8. wickedwritah

    wickedwritah Guest

    And said the man who made a mint selling to Yahoo a company that went tits up pretty quickly.
     
  9. Freelance Hack

    Freelance Hack Active Member

    There are calculated risks, and there are foolish gambles.

    Keep your day job (for now), biglead.
     
  10. farmerjerome

    farmerjerome Active Member

    Yeah, that was my reaction too. I don't think youtube will be nearly as big as it is now in just a year or two. I think that this will be a smart purchase for Google in the long run.
     
  11. PeteyPirate

    PeteyPirate Guest

    The difference being that the dot-com bust came because companies never figured out how to actually turn a profit. Google, MySpace, etc., are watching the earnings just roll in, and they don't have any debt.
     
  12. Perry White

    Perry White Active Member

    Now utube.com wants a piece of the action: http://blogs.reuters.com/2006/10/09/utube-to-google-lets-talk/
     
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