As the rumors were circulating all last week - the “Experts” were dismissing them one by one… but as of today: Google is the proud new owner of YouTube.com! A very nice price for the founders of Youtube, I might add.
A purchase of $1.65 Billion Dollars to be exact. While some rumors were indicating $1 Billion and others were indicating closer to $2 Billion, the price was “just right” in between, although a little north of half.

I’m not sure why some believe the deal is not worth it. I mean the traffic is some of the best online (top 5, right?) and what could be better than Owning another piece of Internet History? The price is definately alot of money but c’mon… it’s Google and they own AdSense! Now they can crush the competition, once again. As Microsoft continues to make attempts at picking up new Online Companies for their Ad Network - Google just offers more money…sounds like Microsoft is losing at their own game.
Bandwidth you say? Think again… Google can cope with that.

Things just continue to thrive for the Internet Giant.