Google Has Taken Over Youtube! (1 Viewer)

[BlackDragon]

It is official. Google now owns Youtube.

News Article

Despite the fact the youtube has yet to make a profit, google bought the 1.5 yr old company for 1.65 billion dollars. But this is BAD! it means that youtube will be commericialised. It will also probably mean that much of the copyrighted stuff (e.g. music videos and episodes of shows) will be taken off. However it does mean that the two twenty year old founders of Youtube are worth 1.65 billion. WOAH.

What do you think?

I think its really bad. Commercialisation means ads ads ads. And all the quirkiness will leave the website.

 

[_dhj_]

Google are evil nowadays.

 

[BlackDragon]

Google are evil nowadays.

yeah i know. taking over the media, the internet and the world company by company.

 

[goony]

Well you can't really blame the co-founders. I mean they're probably a few years out of uni...then all of a sudden BAM $1.65 billion in 18 months. Who wouldn't turn down that kinda offer

 

[Aryanbeauty]

Thanks to capitalism you can be a billionaire overnight, only in America

 

[melb22]

americans are so far ahead when it comes to IT and innovation. almost every major website is american.They get the best brains from around the world coz of immigration plus they have the best R&D facilities.

 

[banco55]

It is official. Google now owns Youtube.

News Article

Despite the fact the youtube has yet to make a profit, google bought the 1.5 yr old company for 1.65 billion dollars. But this is BAD! it means that youtube will be commericialised. It will also probably mean that much of the copyrighted stuff (e.g. music videos and episodes of shows) will be taken off. However it does mean that the two twenty year old founders of Youtube are worth 1.65 billion. WOAH.

What do you think?

I think its really bad. Commercialisation means ads ads ads. And all the quirkiness will leave the website.

I can't find it online but there was an interesting talk a couple of weeka ago by a guy who survived the first dot com boom and is now very rich and owns a NBA team in the US (i think) he said youtube was massively over-valued and that whoever takes youtube over would drown in a sea of copyrght lawsuits.

 

[Aryanbeauty]

Mark Cuban?

Yes i think Google itself is overvalued, its main source of income advertising is plagued with click fraud (Businessweek). But I don't see why Google would be sued cause no one is suing Youtube as of today and they simply remove contents if there are any copyright infringements and complained by its copyright oweners. I think Google can continue the same policy (absolving itself all responsibility for contents uploaded by users) like Youtube did.

 

[gerhard]

the dudes arent billionaires you guys
they are millionaires though

 

[Ye Olde St Nick]

the dudes arent billionaires you guys
they are millionaires though

billionaires in australian dollars.

 

[MikiRei]

It's actually AUD2.2billion, in case anyone's wondering. (US1.65 million)

You can check out the YouTube ppl announcing it on their website. Man, they can't wipe those smiles off their face!

Personally, I think Google's getting more and more evil. I don't care what they say their motto is (do no evil) but they're doing exactly what they've said they won't do. Why else are they buying in any possible rivals? They even bought some CSE PhD student some months ago just b/c he wrote a search algorithm (or rather, working on it) that could well rival Google's. Google = evil - there's no denying it (though won't stop me using their search - they've yet to stretch their hands to Asia though. They all seem to use Yahoo over there)

 

[rtsk]

Youtube has been in some fairly dodgy situations, but for the most part they have been resolved... in fact i think Fox or NBC (not sure which one) decided in fact to cooperative with the delivery of content.

Google video does much the same thing, and to my knowledge they haven't really had many problems with copyright - mostly just removal. And YouTube won't change, they were already using Google Ads for the msot part anyway...

As for google being evil, I don't agree; for one they actually treat their employees properly, and they employ young, ambitious, intelligent people. Of course they want to dominate the market And yeh, UNSW was boasting about that search algorithm as far back as last year...

 

[Ye Olde St Nick]

Google's awesome. I wanna work in the Googleplex.

 

[mr_brightside]

It's actually AUD2.2billion, in case anyone's wondering. (US1.65 million)

Its not US 1.65 million...
Its US 1.65 BILLION dollars worth of Google stocks.
If the Google share price crashes, they could lose a fair bit of cash.

ps how the fuck did you convert from billions to millions?!!?
worst maths evera!

 

[Captain Gh3y]

If they were an advertising company they'd buy the Gator Corporation. I trust the Gator Corporation.

 

[wuddie]

ha, lucky bastards, started out with nothing, and then bang! 2.2 bil... i know what i'd do with that money. well good on them... jealousy is a sin, screw it, its only natural.

 

[MikiRei]

Its not US 1.65 million...
Its US 1.65 BILLION dollars worth of Google stocks.
If the Google share price crashes, they could lose a fair bit of cash.

ps how the fuck did you convert from billions to millions?!!?
worst maths evera!
__________________

Typo mate, typo. = =
Man, chill.....