Google + Youtube = 1.65 Billion Dollars


When I told Alison that Google bought YouTube for 1.65 Billion, she had to do a double take. Yup, that’s billion with a B. To me, it’s a bit unbelievable, but word is, Google has over 10 billion in the bank to fool around with, so more power to them! I thought this was a topic worth mentioning.

Why the purchase? From what I hear, Youtube has at least 50% of the internet’s online video traffic. That’s a pretty good place for Google to place text advertisements and otherwise . . . and Google knows a little bit about text ads. Let’s face it, video online can only get more popular as more and more get broadband.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: