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Meet GoogleTube

Posted by: , 09:49 AEST, Tue October 10, 2006

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Google has acquired top video entertainment site YouTube Inc. for $1.65 billion
Google has acquired an invaluable potential, and highly exploitable, link with the members of the Big Four Organized Music cartel through its just-announced acquisition of YouTube for $1.65 billion in a stock-for-stock transaction.

Or as Google puts it in a statement, "GoogleTube, will offer new opportunities for professional content owners to distribute their work to reach a vast new audience". More...

Credit: p2p net


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