Google Purchases Youtube for $1.65 Billion

Share: Email Story Twitter Facebook Stumbleupon Add to Any
by garynick | October 9, 2006 at 06:08 pm
287 views | 0 Recommendations | 0 comments

Google has agreed to purchase the extremely popular video sharing site Youtube.com, for $1.65 billion in stock. Google Video has 10 percent of the online video market, according to Hitwise, which monitors Web traffic. YouTube has a 46 percent share.

Share: email story | add to any | | facebook | stumbleupon

Comments (0)

This story was created over 3 months ago, the comment thread is now closed.

in , ,

closeSign in to NowPublic

Not a member?

JoinIt's free!

is reporting from
Member
NP Rank: