Update: I've updated this post with a more current version of the trend graph.
The wait is over - here is the article from Time:
(MOUNTAIN VIEW)—Google Inc., announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction. Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community.
I believe this has been a very strategic move by Google. Internet Video industry will certainly continue to grow and perhaps in 5-10 years, youtube will become the hub of the visual internet sharing community (it may be already)
Posted by: Özel Ders Öğretmen Eğitim Kursları | April 17, 2007 at 03:19 PM