I didn't think it would happen, but it did: Google has agreed to buy YouTube for $1.65 billion in stock. The news comes after a cornucopia of press releases announcing Google and YouTube deals to distribute music videos from Universal, Sony, Warner Music, and CBS, paving the way for a relatively risk-free buyout from Google's perspective.When Google bought Youtube they made deals with Universal, Sony, Warner Music, and CBS. That means that the copyright issues with video have been resolved. But what this means is the end of what was the great thing about Youtube. You can see clips from TV studios and watch music videos made by other people. But with Google going legit, all this will go away. Now we will see more Ads, more of the same stuff that is on TV and less of the focused/edited "meat and potatoes" content that can be found on the original Youtube which people went for in the first place. Now it will be the same "fluff" crap that is on TV.
Tuesday, October 10, 2006
By now, everyone knows that Google has bought Youtube. This is the end of the Golden Years of video on the internet.