future-of-journalism

Google Pays $1.65 Billion for Popular Video Web Site YouTube

Google announced Oct. 9, 2006 9 it would pay $1.65 billion in stock for the
popular video repository and search engine YouTube. Technology and financial
analysts discuss the implications of the ground-breaking deal for the future of
the Internet in a PBS Lehrer Newshour segment.

LINK: http://www.pbs.org/newshour/bb/business/july-dec06/youtube_10-10.html

ALSO COMMENTARY BY JEFF CHESTER of Center for Digital Democracy:
http://www.alternet.org/mediaculture/42988/

// posted by newshare @ 7:07 AM