Google bought YouTube for $ 1.65 billion

I finally decided, Google decided to buy YouTube. Now that GoogleVideo and YouTube are added, it is the birth of the world's strongest video sharing service.

Details are as follows.
Google To Acquire YouTube for $ 1.65 Billion in Stock

You can also listen to webcasts of actual presentations and questions and answers from the following pages.

Google to Acquire YouTube

According to press releases, the brand itself "YouTube" seems to be kept as it is. As Google seems to be expecting YouTube in a new genre called video advertisement. Also, the base of YouTube is still in San Bruno, California, and it seems that YouTube employees will remain as it is. And Google's technology has plans to connect YouTube with many advertisers.

Also, following YouTube and Warner Music, I also signed with the Universal Music Group (UMG), Sony BMG Music Entertainment, CBS. This will allow content protected by each company to be playable on YouTube. Also, it is possible to purchase UMG video contents on YouTube. In the case of CBS it is a television station, so it seems that movies with ads will be distributed on YouTube.

In addition, Google announced a contract with Sony BMG Music Entertainment and Warner Music Group on the same day, and it is possible to purchase the movie contents of both companies.

The purchase price of 1.65 billion dollars (about 195 billion yen) will be done by the transfer of shares and will be completed in the current quarter.

By the way, although Google finally succeeded in acquiring YouTube, in fact Yahoo! It seems that he was also negotiating acquisitions.

This case is also dealt largely in other news reports.

Google buying YouTube - Oct. 9, 2006(CNN)

Slashdot | Google Buys YouTube for $ 1.65 Billion

Google to acquire video site YouTube for $ 1.65 billion | Technology | Technology | Reuters.co.uk

Google already has contracts with major music copyright companies, so legal development on YouTube is expected to become active, but what about actually? Is this a new beginning of YouTube, or is it the end ...?

Since full-scale establishment of YouTube started from February 2005, it is said that until this date in October 2006 it has reached here in just one year and eight months. It is amazing.