Google moves closer to YouTube deal
Cory Bergman October 9th, 2006
After marathon negotiations over the weekend, Google could announce a deal to buy YouTube for about $1.6 billion as early as this afternoon, reports the NY Times. The two companies sped up negotiations after the story hit the press late last week.


9 Comments Add your own
1. Anonymous | October 9th, 2006 at 9:53 am
Is a site consisting of amateur video and authorized copyrighted content worth $1.6B? Surely a big-pocketed buyer like Google won’t tolerate the current ‘whack-a-mole’ approach to copyright violations on YouTube.
2. thomas | October 9th, 2006 at 10:07 am
they have to spend thier billions on something, why not a user generated video site with no business model?
3. thedetroitchannel | October 9th, 2006 at 12:51 pm
why not?
i get the sense that “tv people” can’t understand why goog would pay as much for a start-up as it would cost them to buy an entire station group.
maybe goog knows something.
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