A busy - and hayfever-intensive - in Melbourne... in the Magistrates Court Mon, Tue, Wed and Fri (for little things) and otherwise busy on (overdue) paperwork and on preparing for Court next week.
Fascinated by the google/youtube deal. Can we call the top of the market, or is this simply a temporary high-water mark for the wave? The easy answer is "great deal for google - it bought youtube for $1.6b and its shares immediately popped $4b+". But this is not the right answer - the merit of the purchase will become clear over months and years and a short-term increase in GOOG's share price is simply noise.
It is simply impossible to say at this stage whether youtube is a commercially viable model, based on a $1.6b purchase price. And also impossible to say whether youtube's legal problems are real (and if so, how serious?).
For my money, youtube would appear to have plenty of legal issues to consider. Yes we've all watched emmalina do yoga, some guy play his guitar and some fat kid imitate star wars. But we've also all watched music videos, funny ads and that cool scene from the OC when Summer dressed up like Wonder Woman. - presumably all uploaded in breach of copyright.
Thursday, October 12, 2006
Sniffle + youtube/google
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2 comments:
youtube rocks
it's made okfamous
and brought hillarious Japanese shows like 'silent library' and 'hard gay fuuuu' into our lives
i just wish it was my idea and they'd paid me billions of dollars for it...
maybe then i could pay off my mortgage
(and my brothers and my parents...)
ps.
that was me,
em - cousin of your g/f
stupid anonymous
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