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YouTube Won't Sell For Less Than $1.5 Billion
Joel from Sydney writes "According to a report in the New York Post, YouTube has informed potential buyers it won't be sold for anything less than $1.5 billion. The report lists Viacom, Disney, AOL, eBay and News Corp as potential buyers. Given that News Corp purchased MySpace last year for $580 million, is this a realistic figure?" From the article: "YouTube's stated business model is to 'pursue advertising,' but potential advertisers might be skittish considering industry estimates that roughly 90 percent of the content viewed on its site violates copyright laws. And at least one giant, Universal Music, is threatening to sue the company if its artists' songs keep appearing there. As it tries to focus on videos that don't use content owned by media companies, it yesterday launched the YouTube Underground, a contest to 'discover the most talented unsigned bands and musicians on YouTube,' backed by Cingular Wireless, Gibson Guitar and ABC's 'Good Morning America.'"
Let's see... Internet company... flaky business model... outrageous amounts of money... well, my time machine works -- I must be back in 1998!
GetOuttaMySpace - The Anti-Social Network
They want their business model back.
-- Fugacity: Confusing chemists since 1908
Can I borrow your chicken for a while...?
I think we can keep recursing like this until someone returns 1
Now the major media companies & RIAA have a figure to put on their lawsuits when suing for copyright infringement from kids lipsinking to Brittany. They'll want Youtube to just come out with their hands up and call it quits.
The trio of MySpace, Wikipedia and Youtube have been hyped up for a while (look at the alexa ratings, they are very similar but still small compared to the real titans Google and Yahoo). But consider they are mostly a 2005/6 fad. 2007 is when the bubble will pop.
.1 refering to patch to stop the hype and everything will be back to normal.
Wikipedia will pop in 2007 when more people discover the Wikitruth and enough college students fail their degree due to citing wikipedia in their papers. Wikipedia was a geek site anyway until Seigenthaler happened.
Youtube will get replaced by hundreds of other video sharing websites. There is only so many 79 year old men with a web cam. Once everybody has seen all the videos people will return to bit torrent for the copyrighted stuff and the video sharing sites will be mostly videos of their cats.
Myspace will crack as soon as all the emos get a life.
You heard it here first
In 2007. Web 2.1 will be launched, with the
<Dr Evil> We will keep showing asians lip-synching Backstreet Boys unless you pay us... a kajillion trillion dollars!</Dr Evil>
Dude. I seriously do not think that with the current exchange rate between the dollar and chicken shit means you seriously want to own $1.5bn worth of chicken shit. And even if you did, who would buy it, even if it was worth that much?
OK, besides roads, aqueducts, public education and popularity, what, exactly does youtube have that can't be easily copied?
steampunk web design
Mark parent "informative" .I just imagined 1.5 bill worth of chicken shit... and how it smells. - I do not want repeat the experience