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October 6, 2006

Google Buying YouTube?

It's in the Chicago Tribune.  And now reports are showing up in various other places.  The price would be about $1.6 billion.  Google and YouTube decline to comment.  Discussions are supposed to be in the "sensitive" stage.  Let's hope they get this right.  Brad Greenspan, founder of MySpace is complaining that stockholders were ripped off by News Corp. when they bought that site.

Check out the AP story in the Washington Post on the Google/YouTube sale.

October 6, 2006 | Permalink

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