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to be renamed...GooTube

And if Google doesn't pull off the buy out, they'll start a rival service called MeToob....

Or not.

Still wondering why it's worth anything close to the numbers being mentioned. Isn't it still a big sucking black hole for money to pay for bandwidth?

it's about video advertising

I love YouTube, but this is just stupid business. The only only non-porn-oriented company that has a strong position in the online video market is Apple, because iTunes is the only internet video service with a profitable business model.

YouTube is burning through money so much it could be called ZuneTube. They have no revenue stream, no hope beyond a pipe dream of advertising of getting revenue (see dot com failure circa 2000), and enormous expenses because hosting and delivering requires a ton of bandwidth and server space.

When Google buys YouTube they're going to be inundated with lawsuits because those people whose copyrighted material has been posted on YouTube will now have a set of deep pockets to go after. Remember how Eminem had a cow when a 10 year old sang one of his songs in an Apple commercial? Now just imagine what's going to happen to all of those homemade videos that contain Eminem, Beatles, Britney, Snoop Dogg, etc tracks, Google is going to get sued. All for a site that has no revenue stream, but cost them $1.5 billion to purchase.

Congrats are in order to the founders of YouTube for cashing in, when a sucker walks up to you with a stupid pile of cash, take the money and RUN!

Since there is nothing that youtube offers that google couldn't copy in terms of usability, they're effectively paying for the name and the consumer base. Since they would no doubt rebrand it or tie it into their existing video offering, they would likely lose some people as a result. It just seems a lot to pay for a name - which they may not even keep.

No, MeTube will be Mafia$oft's copycat site.

Gotta love how this guy starts YouTube and could sell it for $1.6 billion less than 2 years later. Lucky bastard.

why is it that all those bigarse companies feel the urge to shop up everything that is more promising than post urinating drip collectors, say?

it seems to me all Google is buying is a much lager consumer/user base...not a bad plan/idea!

Colossal waste of money.

Hang on I think I might have a few billion lying around somewhere. What if I want YouTube.

New iPod?

The U2B edition.

The shysters are licking their lips at the prospect of some really deep pockets – Google's -- to sue. YouTube is a liability tar baby.

BTW, I have a radioactive toxic waste dump to sell. Any buyers?

I agree with "Tommy Boy".

Personally, I don't understand any of the YouTube hype. I hate watching people's home movie, and to go to a site that is nothing but thousands of lame home movies seems too Hellish to me.

If someone is really good at producing budget videos, they have their own website, and I support them much like musicians and other truly talented artists.

I just don't get it... but, I guess these are the same people that use Windows, and I don't understand that either.