Google May Purchase YouTube for $1.6 Billion
by Mike Zazaian October 6, 2006 - 3:51pm, 2 Comments >>

According to an article in the Wall Street Journal on Friday, Google and YouTube are discussing a purchase agreement that would bring the world’s largest video-sharing site to the world’s largest search engine for a sum of $1.6 billion US. The WSJ’s source for the subject was cited as a person familiar with the matter.
The reports are unconfirmed, however, as both Google and YouTube have declined to acknowledge whether such discussions are taking place at all.







