Google Searches For Foothold in Video

Donohue, Steve
October 2006
Multichannel News;10/16/2006, Vol. 27 Issue 41, p4
The article focuses on Google Inc.'s acquisition of Internet video provider YouTube Inc. for $1.65 billion on October 2006 in the U.S. Google aims to strengthen its position in the Internet video industry through YouTube which grew as a popular video sharing Web site in the world. Google chief executive Eric Schmidt states that the deal allows YouTube to operate independently. However, the acquisition also faces legal issues because the video site allows users to upload copyrighted materials.


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