Friday, October 06, 2006

Google to take over You Tube

Bill Gates calls Lord Patel to tell him ... but Everyone denies it.... GooTube ? US$1.6 Bn mentioned.

UPDATE late Saturday from NYT

Chad Hurley, a founder of the company, has said that he prefers to stay independent. “We’re not even thinking about being acquired or going public,” he said in a meeting with New York Times editors and reporters last month.

A spokesman for Google declined to comment. A spokeswoman for YouTube did not return calls for comment.

UPDATE 9th October

Deal agree at stated US$1.65 Bn. along with agreements with major content providers about Copyright , Sony , Warner, etc., As Google have their own Video this represents simply brand value.

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