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Oct 6
Rumors of Google's Purchase of YouTube Appear To Be True
It's being reported that YouTube is in talks with Google about a possible $1.6M purchase.  This was reported earlier by Michael Arrington's TechCrunch as an unsubstantiated rumor.  However, it appears, according to the Wall St. Journal and BusinessWeek, that the talks are indeed ongoing (via ValleyWag).

This is, of course, a few months after co-founder and CEO Chad Hurley said YouTube wasn't for sale and might go public on its own. Months. That's forever in Internet time, so it doesn't count as lying.

Google started much like YouTube, and ironically, some of the Google guys are investors in YouTube, so the synergy there is perfect.  We, as YouTube users, hope that the focus on content will be paramount, above worrying about the balance sheet.  And it just might happen if Google's profitability history is modeled.

Also, if any company knows about high-bandwidth management, it's Google.  This appears to be a perfect marriage (and one most of us saw back in January).

Robyn is on YouTube here. (join me)

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