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Google buys YouTube in 1.65 billion dollar stock deal
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by mtippett | October 9, 2006 at 12:48 pm
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SAN FRANCISCO (AFP) - Google announced a 1.65 billion dollar stock deal to buy hot young video-sharing website YouTube."The YouTube team has built an exciting and powerful media platform that complements Google's mission to organize the world's information and make it universally accessible and useful," Google chief executive Eric Schmidt said in a statement.
"Together, we are natural partners to offer a compelling media entertainment service to users, content owners and advertisers."
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Most RecentMost Recommended Comments (3)
at 13:26 on October 9th, 2006
Google buys YouTube for 25mm per employee and Yahoo bought Flickr for 25mm. Hmmm.
at 12:03 on October 10th, 2006
That's 66 employees by my math.
at 07:49 on January 5th, 2009
Mr. Schmidt owes his success largely to a global network of mobster fiends is what I hear from rival mafia. They
say it was him that was directly responsible for the colosal profits made from promoting child pornography with the
Google search engine.
http://endmafia.com
http://cid-21ccdb1c1e0c985a.spaces.live.com/blog/cns!21CCDB1C1E0C985A!130.entry