Google Buys YouTube for $1.65 Billion

Over 30 readers wrote about Google's purchase of YouTube today for $1.65 Billion, as rumored last week. The all-stock transaction is the single largest purchase in the company's 8-year history. The move follows on the heels of Google's convincing Sony and Warner Music to put music videos online for free. Reportedly, YouTube will retain its brand and all its 67 employees, including co-founders Chad Hurley and Steve Chen.

So Google is going to become...

[sehlat]

a series of 'tubes?

Ill Go Ahead and Say it

[moore.dustin]

The Bubble is back! Bubble 2.0, but a bubble nonetheless.

At that rate, does google want a game company?

[cliffski]

Hey google, Thats 24 million dollars each isn't it? I'm a one man company, but you can buy my company (www.positech.co.uk) for just $15 million.
Give me a call, or just drop me an email guys. That figure is negotiable too.

Has to be said

[TheBiGW]

Yoooooooooooooutube

:)

Sure, don't you know

[Nybble's Byte]

tubes sound better than transistors?

Re:So Google is going to become...

[Dachannien]

yes - YourTubes and MyTubes!

Strangely enough, though, they're still in beta.

Re:Ill Go Ahead and Say it

[thefirelane]

no way, this bubble is way different. This time, instead of being unprofitable while hoping to strike it rich with any IPO, companies are unprofitable and hope to be bought out by Google.

Everyone learned from the last time, obviously the stock market is untrustworthy.

google

[Anonymous Coward]

Does this mean that YouTube will now go into Beta status?

Too, I wonder how google will integrate the two.

Re:1.65 billyun.

[kevin.fowler]

Dear Google, Thanks for the 25 million junior bacon cheeseburgers. I hope you like getting sued. -The management

Re:So Google is going to become...

[russ1337]

GooTube

eww.

Re:All i ask for is:

[hotdiggitydawg]

When I'm searching for boobies, I don't care if it's one or many boobies they're showing.

Well given that they typically travel in pairs, the type of video where there's only one may perhaps be a little more... surgical... than intended.

Comment removed

[account_deleted]

Comment removed based on user account deletion

Re:WHOa

[Anonymous Coward]

HAVE! It's HAVE, fucktard. How is it possible that you make THREE mistakes with TWO words??

Re:hay tabla

[Anonymous Coward]

in soviet russia....

youtube buys google

Re:So Google is going to become...

[eclectro]

GooTube

Goobe.

You heard it here first.

Re:So Google is going to become...

[vivek7006]

GooTube

This shit is funny. GooTube in Hindi literary means asshole.

Goo --> Shit
Tube --> Tube
GooTube --> Tube from where you shit

Sorry, I am drunk on monday afternoon :)

Re:All i ask for is:

[D H NG]

I was actually searching for these [wikipedia.org].

Re:So Google is going to become...

[Anonymous Coward]

Apparently someone thought this was informative.

"Whoa, what the hell was that?"

Don't worry, just another chunk of my respect for Slashdot mods breaking off, floating away into the great abyss.

obligatory

[vermox]

That's some Lanley-Institute-of-Monorail-Conducting-level definition:
MONO = ONE
RAIL = RAIL

Re: HAVE?

[Migraineman]

Well where did this come from? i would of never of thought have Google buying YouTube!

Nah, still doesn't make any cents {sic}. I can picture you with the vane {sic} bulging out on your forehead. Thank you.

Re:YouTube not evil!

[cuantar]

In an ideal world, all water would be perfectly fresh, and there would be no pop-up ads on the Net. However, if the mercury's already in the water and said filters are easy to come by and available for free, it seems quite unwise not to use them because "the water should be clean." Ads abound, and ad blockers make them go away. There's no sense in complaining about a problem that can be solved in a few clicks.

Outsourcing?

[Bob Cat - NYMPHS]

Slashdot is outsourcing its +5 Funny to India now?

Re:Hmmmm

[dodobh]

Or Google buys out members of the *AA?

Re:A discussion other people just had

[Alioth]

They didn't actually purchase it with $1.65bn of money though - it was a stock transaction. So Google used its massively overvalued stock to buy a massively overvalued YouTube - so all in all, it sort of nicely cancels itself out :-)