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Google just bought Youtube for 1.6 Billion dollars. Seems like a good buy to me but I think the price is a little much for a very popular yet unprofitable company. My question is what is to become of "Google Video" and all the videos on there?
Read the story HERE
It's not about money. Google has plenty of that and will continue to. Power, recognition, competition--it's all about those. Google video did well for a little bit, but YouTube definately has been wuping all others thus far. Kind of hard to take over the virtual world if the masses have a superior alternative, no?
Greeting's
There is a personal (paranoid) reason for this but....
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Heard somewhere on the news lat night that youtube never made a dime, but the staff (all 67 of them will retain their jobs Lol...) 1.6 Billion spread over 67 = 23.8 Million (and change) a piece....not bad. :cool:
yeahhh ... as if 'ALL' the employees will get same cut