Oct 6, 2006
Blogging In Seattle - What's New In The Internet Realm Today?
So, there's been some talk about YouTube and Google hooking up. I'm struggling a little with this one. If indeed it happens, it would be a big move for Google because tradditionally they've been pretty conservative in their spending. Word is we're talking about $1.5B - now that's a whole heck of a lot of money to pay for a Website with no real revenue. Last time I checked there were no real barriers of entry into the "User Generated" video market. What will this do for Google's bottom line? That remains to be seen - one thing is for sure. This is entirely new territory for Google - and the markets will be watching very carefully to see how they execute. Now may not be a good time to buy Google Stock........
Posted by WorldChanger at 10:11 AM