Monday, March 05, 2007

Google and YouTube Merger...Still In The Hole

The infamous merger of Google and Youtube.com has stirred issues, problems, concerns and interest for internet enthusiasts, investors and hip young video lovers alike.

To read some previous coverage I've done on news concerning the YouTube and Google Bond, check out these posts:

Google's High Risk Youtube Investment

Update: Google and Youtube Face Copyright Infringement

From their struggling copyright issues, to the concern over whether or not YouTube is still the freshest, most popular online video distribution website among the slowly mountaining sites out there offering this service. Joost and Daily Motion to name a few of the possibly competitors in what was once a monopolized industry.

Murdoch has some insight when it comes to investing, but does he know this "industry" as well as it knows itself? I don't think any "consumer" of the YouTube site could tell you whether or not it will be their website of choice in a week, a month, a year. Why? Because when something better comes out, they'll switch just as fast as you can say, " . com"

While Youtube and Google are currently in deep. And, when I say deep I mean under profit,

"An analyst report last week from Bear Stearns & Co. showed that YouTube had revenue of $15 million in 2006, which means Google paid more than 100 times the video site's annual intake."

they don't feel there is yet a reason to start selling their personal shares of Google...Duh.

They're doing what they can, cutting deals and working with their assets. To read more about this story: Google And Youtube Merger

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