And now, the wait begins.darwen said:This is stupid. Plain stupid.
To quote Mark Cuban: "Anyone who buys YouTube is a moron"
Lets wait for those lawsuits to start kicking in...
And now, the wait begins.darwen said:This is stupid. Plain stupid.
Cinch said:There is a lot of speculation going around, and it smells awfully familiar like that of 1999 and 2000.
brepublican said:And now, the wait begins.
To quote Mark Cuban: "Anyone who buys YouTube is a moron"
Check out their wikipedia entry.Cybix said:does anyone know anything about youtube's history? How they started, who started it, where it was started, anything?
I like reading about businesses/companies that started up a little website then sold their company for over a billion dollars not long after.
how old is youtube?
hrmmmm.
darwen said:This is stupid. Plain stupid. YouTube has no potential to make any sort of money under their current business strategy. This is a dumb move on Google's part. YouTube uses more bandwidth on a day to day basis than any other site on the internet. Google is going to need to pay to keep that bandwidth up on a site making less money than it is spending.
This is absurd! What the hell is Google trying to do? Their business strategy seems to be "lets screw up as much as possible".
iMikeT said:YouTube + Google Video + Front Row/iTV = (Me)
coryp420 said:This is a great business move for Google. Look at it this way, Google paid $900 Million for advertising rights on MySpace, thats more than News Corp paid ($570 Million) for the whole site. So now Google owns YouTube for less than double that price and has EXCLUSIVE ad rights for a site with millions of visitors a day.
Google primary business model is selling ads, so even if the YouTube division just barely breaks even, their ad revenue is gonna skyrocket.
Cinch said:myspace or youtube?
Cinch
darwen said:This is stupid. Plain stupid. YouTube has no potential to make any sort of money under their current business strategy. This is a dumb move on Google's part.
lazyrighteye said:A day hardly passes that I don't watch something on YouTube. And I think I have been to myspace, like, three times.
But that's just me.
gugy said:Man, Google is not stupid to pay that amount of money just for name recognition.
coryp420 said:This is a great business move for Google. Look at it this way, Google paid $900 Million for advertising rights on MySpace, thats more than News Corp paid ($570 Million) for the whole site. So now Google owns YouTube for less than double that price and has EXCLUSIVE ad rights for a site with millions of visitors a day.
coryp420 said:Google primary business model is selling ads, so even if the YouTube division just barely breaks even, their ad revenue is gonna skyrocket.
IJ Reilly said:That's exactly what they did. They bought the brand for $1.65 billion.
I can hardly believe that the markets are bidding Google up after this fiasco. I think a lot of people who don't really understand technology are currently assuming that the people running Google are geniuses. But it doesn't take much awareness to notice Google's deficiencies. They've got one core competency, but they've insisted in expanding here, there and everywhere with no apparent plan and often with less than stunning results. Haven't we seen it all before?
joemama said:And it's all Flash, so you can't put it on your iPod or even download it.
lmalave said:That's not true. They bid not just for the brand, but also for eyeballs and future eyeballs.
Doctor Q said:The YouTube crew has moved to a larger office. They were all crammed into a tiny one before (like all good Internet startups), but now they can afford a few more cubicles.
Google says that the YouTube owners will continue to lead the operation, so Google wasn't merely buying rights to the name or taking over the founders' jobs.
Doctor Q said:Google says that the YouTube owners will continue to lead the operation, so Google wasn't merely buying rights to the name or taking over the founders' jobs.
Which is exactly why a company might be purchased solely for its name and customer list, even if the service will be replaced by something different or run by different people. The rights to the "Napster" name were valuable for that reason.IJ Reilly said:Once a name become widely recognized and entrenched, that brand become difficult to beat.
Pretty soon the copyright owners of that will put the kybosh on anyone else uploading those clips and you will be SOL.njmac said:Also, people on here have commented how lame the homemade videos on YouTube are, but I love YouTube. If I want to see a clip of the daily show - YouTube.