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Google To Acquire YouTube for $1.65 Billion in Stock Combination Will Create New Opportunities for Users and Content Owners Everywhere — Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through …
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New York Times:
Google to Acquire YouTube for $1.65 Billion — Google announced this afternoon that it would buy YouTube, the popular video-sharing Web site, for stock that it valued at $1.65 billion. — Google beat out a number of other YouTube suitors, including Microsoft, Viacom, Yahoo and the News Corporation.
Mark Cuban / Blog Maverick:
I still think Google is crazy :) — Kudos to Youtube for getting them to say yes. My advice to you is to always protect your downside. Ignore all the scammers who want your money, and dont listen to all the tax scammers who want to save you money on taxes. Writing that check is painful, but its the right thing to do.
Michael Arrington / TechCrunch:
Google Has Acquired YouTube — Moments ago the deal was confirmed. In their largest acquisition to date, Google has acquired YouTube for $1.65 billion in an all stock transaction. Both companies have approved the deal, which should officially close in the fourth quarter.
Om Malik / GigaOM:
Goobed — This one is personal - now that the deal is done, I have to start working on losing 40 pounds. So if you are making plans to meet me for a drink - not going to happen. Given that how wrong I was on this one, you shouldn't really read any further.
Michael Arrington / TechCrunch:
Is Fox a Factor in the Google/YouTube Deal? — Notably absent in the slew of content deals announced by YouTube today is any announcement of a Fox relationship. That's because there isn't one. — A source inside of Fox, which owns MySpace, tells us that they were surprised that Google …
Staci / paidContent.org:
GOOG-YouTube: Conference Call: No Name Change; Audio — Speaking from YouTube "world headquarters" as Google CEO Eric Schmidt dubbed it at the start of the call, Schmidt, Google founders Sergey Brin and Larry Page, YouTube founders Chad Hurley and Steve Chen.
Paul R. La Monica / CNNMoney.com:
Google to buy YouTube for $1.65 billion — Search engine leader looks to bulk up in the burgeoning online video market. — NEW YORK (CNNMoney.com) — Google, the Internet's leading search engine, announced Monday that it is buying popular online video site YouTube for $1.65 billion in stock.
Paul Kedrosky's Infectious Greed:
Main GooTube Takeaways — My main impressions: — It is a big deal that Google is doing a major acquisition in area where it has an existing product (i.e., Google Video). A tech company without not-invented here (NIH) syndrome is a competitively dangerous tech company indeed.
Michael Liedtke / Associated Press:
Google snaps up YouTube for $1.65B — SAN FRANCISCO - Google Inc. is snapping up YouTube Inc. for $1.65 billion in a deal that catapults the Internet search leader to a starring role in the online video revolution. — The all-stock deal announced Monday unites one of the Internet's marquee companies …
Marshall Kirkpatrick / TechCrunch:
Sequoia could take $480 million from Google/YouTube deal
Sequoia could take $480 million from Google/YouTube deal
Discussion:
PE Week, VentureBeat, Mashable!, Mark Evans, GigaOM, InsideGoogle, Disruptive Thoughts, Beet.TV, paidContent.org, VC Ratings and I4U News
Staci / paidContent.org:
GOOG-YouTube: Done Deal; $1.65 Billion In Stock
GOOG-YouTube: Done Deal; $1.65 Billion In Stock
Discussion:
Screenwerk, HipMojo.com, Search Engine Watch Blog, Digital Inspiration, Blogging Stocks and Junto Boyz
Jennifer Hakes / Google:
Google Signs Agreement with SONY BMG MUSIC ENTERTAINMENT to Give Users Access to Expansive Catalog of Music Videos — Ad-supported video models give users unparalleled access to SONY BMG MUSIC ENTERTAINMENT's content online and creates new monetization opportunities
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Brian Krebs / Security Fix:
Microsoft to Push Out IE 7 This Month — Microsoft this month will be pushing out Internet Explorer 7 to Windows users who download security updates through Microsoft Update or Automatic Updates. — Last week, Security Fix mentioned that Microsoft intends to ship 11 patches tomorrow, including a "high-priority update."
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Curtis / You NEWB:
Run like hell! PS3 pre-orders to start tomorrow! — If you're itching to get your sweaty mits on a PS3 as soon as possible, we have the next best thing. A PS3 preorder! You're in luck because EB/Gamestop is going to start accepting pre-orders TOMORROW.