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The naysayers will whine about what a lousy deal it is and whimper about copyright. But it's the right move for Google and YouTube. Google now jumps to the pole position in video.
What's next? Not more portals - that deal's done. Look to accelerants to feed the flames - not underfunded YouTube wannabes. Like I said in the article, "As the rush to grab more consumer content surges, tools and services to make this material better, faster, cheaper become valuable. Rapid content generation services like blogs for text stories and services for video content accelerate and lower new content creation costs and time, supplying the pipe at a fraction of the cost of traditional approaches."
William Jolitz.
http://www.venturebeat.com/contributors/2006/09...
sure money is a factor but what would you do if you belong to a "club" that wants to monitor and control society at large. myspace was bought for $520 million my Rupert Murdoch.
i guess they are the only ones in the position to buy these gems. the same families that controlled the lands in feudal times, seriously. money is the root of most evil.