October 8, 200619 yr 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. 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. http://news.bbc.co.uk/1/hi/business/5414432.stm
October 8, 200619 yr No more copyrighted material :\ And how are they going to stop that? It will work as it does now and how ebay works, if someone reports it, than it will get deleted.
October 9, 200619 yr Author Google Inc. snapped up YouTube Inc. for $1.65 billion today in deal that catapults the Internet search leader to a leading role in the online video revolution. The all-stock acquisition unites one of the Internet's marquee companies with one of its rapidly rising stars. The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history. Although some cynics have questioned YouTube's staying power, Google is betting that the popular Web site will provide it an increasingly lucrative marketing hub as more viewers and advertisers migrate from television to the Internet. "We are natural partners to offer a compelling media entertainment service to users, content owners and advertisers," said Eric Schmidt, Google's chief executive officer. YouTube will continue to retain its brand, as well as all 67 employees, including co-founders Chad Hurley and Steve Chen. Source: Various (Reuters)
October 9, 200619 yr Author Full details http://www.marketwatch.com/News/Story/Story.aspx?dist=newsfinder&siteid=mktw&guid=%7BFADE6E8C-1E83-4177-817E-14A0D5E18ABD%7D
October 9, 200619 yr Just proves how easy it is to make maga money on the internet. Btw how does youtube and google make their money? I have never really known.
October 10, 200619 yr Just proves how easy it is to make maga money on the internet. Btw how does youtube and google make their money? I have never really known. Advertising. and in googles case they also get paid to show companies searches -search for dating for example and you see a column on the right with lots of websites there - they've all paid to be there. Also Google offer a service where you pay them to search and research stuff for you.
October 10, 200619 yr Author Btw how does youtube and google make their money? I have never really known.YouTube never made a single penny. Google bought them not because they were making a profit, its because they were playing second fiddle.
October 10, 200619 yr Google are growing too fast. it scares me lol seriously, in some years they'll have as much power as Microsoft
October 10, 200619 yr IMO they already have more power than Microsoft yes they do, but only in internet it will be gross when they'll start to produce operating system
October 10, 200619 yr last time i read about their plans to release an OS in 2010, not sure if it's relevant by now
October 10, 200619 yr Welcome everybody to Google Tube. Bascially YouTube rebranded into google video.
October 10, 200619 yr Welcome everybody to Google Tube. Bascially YouTube rebranded into google video. both continue to function in the future as i read, though
October 13, 200619 yr Author YouTube has hours of video tomfoolery I just finished watching a 24-second video of a kid trying to scale a Walgreens store in Oconomowoc. Google paid $1.65 billion for this? To be fair, the clip did not promise more than it delivered. "We got bored so Ricky climbed Walgreens. It was funnier in person," is the blurb accompanying the video titled: "Climbing Walgreens." If you want to make hours fly by, go to YouTube.com on your computer and type in Milwaukee or Wisconsin in the search field. You'll get a few thousand hits. Or try Wauwatosa, Cudahy, Mequon or wherever you happen to live. Here's what you'll find: One of the first local videos I found was taken by someone who rode on the train at the Milwaukee County Zoo and aimed a camera out the window the whole 8 minutes and 14 seconds. Believe it or not, 374 people have logged on to take a look. A few even left comments in the feedback section: "I toked on that train!" one boasts. Let's see, then I watched a 13-second movie showing a firetruck speeding past on a downtown street, followed by 46 seconds of two dogs chasing a stick, and 16 seconds of a guy doing doughnuts with his car in a snowy parking lot. Someone was obviously there to witness these events, and then went home and loaded it on YouTube, where absolutely anyone can be Steven Spielberg. The first mention of the site in this newspaper was in January this year, and now the guys who came up with the idea are billionaires already, and computer users with time on their hands are showing up to view 100 million videos a day. You don't want to miss Chad Vader, a series of hilarious short videos featuring Darth Vader's brother as a grocery store day shift manager. Madison guys Matt Sloan and Aaron Yonda, calling themselves Blame Society Productions, bring the character to life on location at Willy St. Co-op. They draw serious numbers on YouTube, 1.7 million views for episode one alone. Skateboarders love shooting what they do and putting it up on YouTube. Same with local bands trying to get exposure. People who smuggle video cameras into concerts post samples, including Coldplay, Bon Jovi, Paul McCartney and Sufjan Stevens in Milwaukee. If you're dying to see the opening sequence of the Channel 12 news from 1986, it's there. Same with the day-ending signoff once used by WMVS. There's a woman singing "On Wisconsin" at 3 a.m. and another video showing a headless guy playing that song on an electric guitar. There's 1:04 of a child feeding chickens somewhere in Wisconsin but eating most of the food himself. "A Little Slice of Wisconsin" has garnered 807 viewings. Someone took a video camera and pointed it out the windshield during a six-hour trip across Wisconsin. Farms, towns and trees race past as you watch the trip sped up to less than 6 minutes and set to music. Of course there's no reason to watch such a thing. That's the fun of it. Michael Votto, a UWM film student, has posted some shorts on YouTube. The one I saw involves someone dressed in a bear suit dancing and waving to passing motorists to get them to shop at a hobby store in Brookfield. "I posted it on YouTube because it is a global theater, a never ending film festival of sorts," Votto wrote back when I dropped him an e-mail. "The reactions range from constructive criticism to childish four-letter word expletives." Now if you'll excuse me, I'm going to watch another video, shot in 1998 but posted last week. It's called "Windy Day in Racine, Wisconsin." No Oscar buzz here, I'm guessing. http://www.jsonline.com/story/index.aspx?id=517897
October 14, 200619 yr Google were pretty clever, instead of handing over cash, they handed over shares worth $1.65 billion, in the company which can't be sold for 2 years. They took the piss out of it on HIGNFY last night :)
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