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> Google Bought Youtube
Hercco
post Oct 10 2006, 04:37 AM
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Google has just acquired YouTube.com website:

The founders of YouTube posted a video (what else?) where they talk about the acquisition: http://www.youtube.com/watch?v=QCVxQ_3Ejkg


Check out the grins on these guys!
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Niru
post Oct 10 2006, 06:29 AM
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Thats realy a great news!
But I'm little bit confused about the news!
Google is already having one Video sevice "Google Video" which is still on its Beta Phase!
Whether they are going to delete that service and use that youtube.com as main site
(like Orkut.com, which is in affiliation with Google )
Or any other plans?
Guys what are you thinking about this one?
rolleyes.gif

Regards,
Niran
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orenji_jaro
post Oct 10 2006, 07:43 AM
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youtube is starticng to suck.. sleep.gif'
some companies here in japan has already sued youtube and asked them to remove the music videos of the company on youtube.. avex has also now bought youtube i guess....theyre banning AVEX matrerials in youtube
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Zerbirus
post Oct 10 2006, 09:50 AM
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Theyve already brought youtube? i know they wanted to buy it for $1.6billion, think they brought it for $1.65billion though

Google said theyve got so much money and theyre not doing anything with it, so why not purchase youtube and expand the google network?
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pyost
post Oct 10 2006, 10:24 AM
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QUOTE(Zerbirus @ Oct 10 2006, 11:50 AM) *
think they brought it for $1.65billion though


Yeah, that's true. I was shocked when I saw the amount of money spent on a single web site! I wish I were the owner of YouTube - they had a great idea, and managed to earn 1.65 billion dollars about two years, if I am not mistaken.

As for WHY Google bought it, I don't think it's such a mistery. As Zebrius said, they do have a lot money, and it just keeps pouring in. Google Videos is very good, but YouTube remains better. So, if you can't beat them, buy them laugh.gif
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ginginca
post Oct 10 2006, 01:01 PM
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I think it's a great example of a building successful in a short period of time, that is not only popular but is worth a tremendous amount of money.

Way to go guys!

Gin
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Alegis
post Oct 10 2006, 04:18 PM
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And I always thought it would be the one internet bubble.

I'm still puzzled how they managed to last that long without visible advertising (intro movies). IPB ImageI'd like to learn how they made their cash before this happening. IPB ImageGoogle is an advert giant, I'm sure they'll see some use in it.

Makes sense as well that youtube operates independatly, google has video google of course which fits their style more. Youtube acquired for the massive reach it has.
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webintern
post Oct 10 2006, 07:30 PM
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Although this was not completely unexpected, I was surprised that Google ended up acquiring YouTube. For one, Google already has Google Video, which I must admit, has a far less pleasing user interface than YouTube's. It also is not as popular. On the other hand, YouTube is a sinking company with multiple copyright infringement lawsuits about to drag it to the grave. It is also well known to be losing a lot of money. I am curious what Google will do differently to save the company.
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Mark420
post Oct 10 2006, 08:13 PM
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I think this is the biggest internet joke for years...
A totally inflated price for really not much of a product..
I guess goggle are just going to flood the site with thier ads..and then make revenue for that..
Also Google wil have to hand out a LOT of money to pay off all the people about to sue for copyright infingement..


Lol I looked at the most video of all time on YouTube..wow what a let down!
33,804,545 people have watched this american guy dance badly to different tunes..
10646 people actually took thier time to place a comment below this video...
And 85204 people bookmarked or emailed it on..
I want the 2 mins of my life back that I used watching this crap!

Next most viewed one was the same thing as Numa but with Pokeman..sorry guy I really dont get the joke?


So at the end of the day what they got? a truck load of teeneagers sharing videos of them singing along to Numa and other appaling tunes..
Thats going to make them a LOT of money me thinks!! cos teenagers spend SOO much online with thier credit cards and alaways hit adverts on sites...

Yes I am being Ironic as usual wink.gif

Waste of money..should have spent it on good publicity like 1.6 billion dollars worth of grain for Darfur..helping Tsunami victims etc etc cos youtube will never turn a profit for Google..

This post has been edited by Mark420: Oct 11 2006, 04:22 PM
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unimatrix
post Oct 11 2006, 01:44 AM
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I wonder when the public love affair with Google will end and they will become the next "evil corporation" in everyone's eyes. Aka the next Microsoft. I've already seen it start with people criticising Google of censorship in China, etc.
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