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YouTube

Google Buys YouTube For 1.6 Billion

posted by Scott Beale on Monday, October 9th, 2006

YouTube

Well, the rumors were true, Google just bought the online video sharing service YouTube for 1.6 billion in stock. TechCrunch has more info on the deal, which ended up being a bidding war between Google and Yahoo. Personally I think this is great news for smaller, more community oriented online video services like Revver and Blip.tv, which now have even more room to grow and evolve.

UPDATE: YouTube founders Chad Hurley and Steve Chen have uploaded a video about the buyout.

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filed under: Google, Video

this blog post was written by Scott Beale on Monday, October 9th, 2006

Viewing 3 Comments

synthetron 10/09/2006 08:17 PM 1 point
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Please join us in the collaboratively filtered realtime discussion:

TOPIC: google youtube

START TIME:

2006-10-10 , 00:00 CEST (Brussels, Paris, Rome, Madrid, Stockholm).
2006-09-10 , 23:00 BST (London, Dublin, Lisbon).
2006-09-10 , 18:00 EDT (New York, Detroit, Toronto, Montreal).
2006-09-10 , 15:00 PDT (Vancouver, Los Angeles, Tijuana, Yukon).

TO JOIN:

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YOU NEED:

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http://www.synthetron.com

Eddie 10/10/2006 02:05 AM 1 point
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Yeah, what does it mean for the user community, Macki?

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http://www.eddie.com

Macki 10/18/2006 12:26 AM 1 point
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Good things!

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