A little bird is telling us this won’t be the last time we write about Google and YouTube today, but we may as well give you an update on where things stand.
Our poll Friday found 27 percent of voting readers think YouTube is going to Google, while twice that many had their minds on the weekend. Of course, the boss never sleeps; over the weekend Om took the time to register his skepticism about Google paying out for YouTube.
In addition to their reported “marathon negotiations over the weekend,” YouTube and Google were also working in parallel on the content licensing front, with announcements today that YouTube had signed the recalcitrant Universal, as well as Sony BMG and CBS, while Google had picked up Sony and Warner Music Group (with whom YouTube already has a deal). The deals mainly allow legal use of labels’ music and music video content.
We can only hope that a byproduct of all this overtime insanity is some funny stories about Chad Hurley answering his phone thinking Eric Schmidt was on the other line when really it was Universal’s Doug Morris, or vice versa. Even funnier if he had conferenced them all in.
It’s definitely an interesting deal. Wish I could offer insight.
“We can only hope that a byproduct of all this overtime insanity is some funny stories about Chad Hurley answering his phone thinking Eric Schmidt was on the other line when really it was Universal’s Doug Morris, or vice versa. Even funnier if he had conferenced them all in.”
Hahahahaha, that would be great
phone rings
Chad: “Money… I mean Google??”
Doug: “No its me, Morris!”
I feel a Netscape Moment coming on…you know, the day when its official that we are in a bubble (again). Hope they are using stock and not cash to buy!
Now, what will Yahoo do I wonder?
He can breathe easy now :)
Hurray for Google. Not only are they getting a lot of crappy videos, but they are getting a lot of headaches to go along with it.
It’ll be interesting to see how Google handles potential copyright issues that come along with YouTube.
I’d love to see the math Google used to calculate how much YouTube was worth to them. Is this going to be the definitive sign of the Internet Bubble 2.0?
And quick, how many YouTube knock-offs can the VCs fund in time for Yahoo and Microsoft to buy them?