Google buys YouTube Flash application with Users for 1.65 Billion.

Google has officially bought YouTube. 1.65 billion seems a bit high. One thing I find interesting is the technology that makes YouTube possible. This is basically a Flash-based website. The technology that powers YouTube and Google Video is Flash. It’s not Windows Media Player. It’s not Real Networks. It’s not Quicktime. It’s an open standard that you can use right now to develop something better than YouTube.

If you’ve grown up with Flash professionally you must be proud. I am. To be clear, the dollar amount was 1.65 BILLION dollars!

It’s the most money Google has ever spent at one time. YouTube wasn’t even profitable before the deal. In fact, they basically ran the company on credit cards to get them where they are today. Sound familiar? If you’re a Flash developer you should find great inspiration in the fact that you can create the same application that just made YouTube a Web 2.0 milestone.

Google To Acquire YouTube for $1.65 Billion in Stock : Google Press Center
http://www.google.com/intl/en/press/pressrel/google_youtube.html

Google Webcast : From TechCrunch If you miss it live, a replay of the call will be available until midnight Monday, October 16 at 888-203-1112 domestically and 719-457-0820 internationally. Confirmation code for the replay is 2260624. http://investor.google.com/webcast.html

YouTube signs content deals with big players
http://msnbc.msn.com/id/15196228/

Goobed : Om Malik blog
http://polls.gigaom.com/2006/10/09/goobed/

I still think Google is crazy 🙂 : Mark Cuban blog

I still think Google is crazy 🙂

Internet killed the video star (Google buys YouTube) : engtech
Internet bought the video star (Google buys YouTube)

Google acquires YouTube for $1.65 billion : Robert Scoble
http://scobleizer.wordpress.com/2006/10/09/google-acquires-youtube-for-165/

Valleywag
http://www.valleywag.com/tech/google/win-googles-money-who-can-leave-youtube-today-a-millionaire-206335.php

Updated: Google to buy YouTube for $1.65 billion in stock
http://blogs.chron.com/techblog/

Google Has Acquired YouTube

Google Has Acquired YouTube

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