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Information Technology News Google and YouTube a $1.65b match made in heaven
Information Technology News Google and YouTube a $1.65b match made in heaven | Google and YouTube a $1.65b match made in heaven |
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| by Stan Beer | |
| Tuesday, 10 October 2006 | |
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Two weeks ago, billionaire internet and media investor Mark Cuban, according to a Cnet report, told a group of advertisers that only a moron would buy YouTube and that the site would eventually be sued into oblivion because of the numerous copyrighted clips on the site. Cuban's opinion was later backed up by Forrester analyst Josh Bernoff, who compared YouTube to the original Napster which sued and forced to shut down Apparently, Cuban's fellow billionaires Sergey Brin, Larry Page and Eric Schmidt don't agree with his view of YouTube. Neither does analyst Richard Holway of UK technology industry research firm Ovum, who described the merger between YouTube and Google as a match made in heaven. "I cannot think of a better suited couple," Holway wrote in a research note prior to the announcement. |
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