I know from various friends that since early January 2006 YouTube has had informal talks with a number of companies about acquisition in the $1.5 – $2 billion range.
If Google purchased YouTube, it could expand Google Video into a site visited by millions daily. That would be some marketshare.
It might also make sense to purchase YouTube, where more than 100 million videos are viewed daily, because opportunities for growing Google’s community, advertising and sales channel becomes much larger.
So what do you think about a possible Google acquisition of YouTube?
Well if the stock market is any indicator, shares of Google rose on the rumor report, rising from $410.22 to finish the week at $420.50.
