Annie
Diamond Member
- Nov 22, 2003
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It is rather annoying to see YouTube take such censorship as an action, compared to the filth I've seen on there and the outright bad shit like insurgent videos and drug lord celebration stuff.
YouTube in Play for $1.6 Billion
PJM in Seattle
October 6, 2006 11:33 AM
Google Inc. is in talks to acquire popular video-sharing site YouTube Inc. for roughly $1.6 billion, according to a person familiar with the matter. The discussions are still at a sensitive stage and could well break off, this person says. (Wall Street Journal)
Perhaps related to the fact that it seems they are about to sell to google, censorship king!
http://pajamasmedia.com/2006/10/youtube_in_play_for_16_billion.php
Google stops playing coy and pays up: $1.65 billion for You Tube. The stock had already gained about 2 percent on Friday, when reports emerged that a Google-YouTube deal was in the works. In the last two trading days, Google has added nearly $4 billion in market capitalization or more than twice what the company has agreed to pay YouTube. (Reuters/Breibart)
Eric Savitz liveblogged the conference call: 1:46 p.m.: Sergey: Wanted to tell you how excited I am about this announcement. Video very important part of the worlds information - work on two core areas of search and advertising - for true understanding of something what better way than video stream. (Barrons Online)
John Battelle @ Searchblog: This marks Googles first significant out of brand acquisition, the companys first true brand-management challenge.
VC Firm Sequoia Makes A Pretty Penny on the GoogTube Deal: Sequoia was among YouTubes first funders, providing $11.5 million in two rounds. . If Sequoia put in $11.5 million for 30% of the company, and if in fact YouTube is being acquired for $1.6 billion then Sequoias stake translates into approximately $480 million (subject to a slight adjustment upwards if Sequoia had what is known as participating preferred stock). Thats a multiple of more than 41 times what was invested in a company founded in February 2005. (TechCrunch)
Mark Cuban Says Nobody Can See the Liability for the Frees: I still think Google is crazy