There were a lot of suitors in the mix for this inevitability but in the end, I think Google's the best fit. Will be interesting to see how this develops from here. I think part of the reason Big Media never went after YouTube was that it didn't have a lot of capital – why sue a company that's running on $11 million dollars of venture cap funds? But now? Google has cash reserves out the wazoo. Also amazing that YouTube went from nothing to a $1.65 billion dollar company in two years. (Now why didn't I think of that?)
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Techcrunch » Blog Archive » Google Has Acquired YouTube
[Edit: Mark Cuban, who made his billions selling Broadcast.com, a precursor of YouTube, has some unique thoughts on the implications of this deal.especially on what happens if Big Media doesn't go after Google hard for all the copyright violations on YouTube. He claims that this could literally be the end of copyright as we know it and hyperbole aside, the fact that YouTube also announced deals with some major media companies today means they'll at least be safer than they were yesterday. Or maybe Mark Cuban's just mad because he said that Google would be crazy to do this deal two days ago? Slight tangent but how many other billionaires do you know with blogs? That's pretty cool, I've got to say.]
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