Google’s purchase of YouTube for $1.65 billion says many things to me.
Four, There were two primary consumer-generated video web sites - YouTube and Google Video – now there is just one.
Five, I seem to remember another tech darling from somewhere near Seattle that regularly bought the competition on its way to being giant.
Six, While YouTube is not profitable now, it will be once Google’s advertising
machinery kicks in. Remember myspace?
Seven, Its selling price equates to nearly $3 million a day for YouTube since March 2005 when the site launched – shaming even Tiger Woods or the Rolling Stones.
Eight, eight, I forget what eight was for…..(random reference to the violent femmes)
Nine, The copyright issues won’t go away but will also not diminish YouTube’s value to Google. It is the quirky “broadcast yourself” videos like Hey (nearly 10 million views) that seem to draw the YouTube audience rather than professional high production videos.
Ten, The stock market reacted to Google’s announcement to spend $1.65 billion by moving its share price yesterday $8.50 or adding $1.8 billion to the company’s value.
One, Google Inc. (GOOG) has a lot of money.
Two, When it is over the founders of YouTube will have a lot of Google stock (a lot like money).
Three, This is the first deal to value user-generated content.Four, There were two primary consumer-generated video web sites - YouTube and Google Video – now there is just one.
Five, I seem to remember another tech darling from somewhere near Seattle that regularly bought the competition on its way to being giant.
Six, While YouTube is not profitable now, it will be once Google’s advertising
machinery kicks in. Remember myspace?
Seven, Its selling price equates to nearly $3 million a day for YouTube since March 2005 when the site launched – shaming even Tiger Woods or the Rolling Stones.
Eight, eight, I forget what eight was for…..(random reference to the violent femmes)
Nine, The copyright issues won’t go away but will also not diminish YouTube’s value to Google. It is the quirky “broadcast yourself” videos like Hey (nearly 10 million views) that seem to draw the YouTube audience rather than professional high production videos.
Ten, The stock market reacted to Google’s announcement to spend $1.65 billion by moving its share price yesterday $8.50 or adding $1.8 billion to the company’s value.
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