Google in talks to buy Web video site YouTube: WSJ
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Web search leader Google Inc. is in talks to buy YouTube Inc., the world's leading Web site for video entertainment, for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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SAN JOSE, Calif. _ Google is set to start filtering videos and other content on YouTube for copyrighted materials, taking a key step in helping the online video-sharing site comply with one of the biggest complaints it faces _ rampant piracy.
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Google Inc  is in early talks  to join a group looking to lay a high-speed, trans- Pacific  undersea cable that could potentially lead to the Internet  company becoming an investor in the project, according to the  Wall Street Journal.
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Apple Inc.  said on  Wednesday that it will put Google Inc&#39;s  YouTube  Internet video catalog on television through its Apple TV  set-top box.
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Google Inc.  is confident its  popular video-sharing site YouTube and other Web services  Google offers have strong legal protections under current  copyright law, company attorneys said on Tuesday.
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Internet search leader Google Inc. is in talks to acquire the popular online video site YouTube Inc. for about $1.6 billion in cash and stock, according to published reports.
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(InfoWorld) - Google Inc. sold advertising to two men who allegedly marketed an application designed to find and download pirated movies online, a business relationship that has angered big movie and TV studios, The Wall Street Journal reported Monday. The extent of Google's involvement with this allegedly rogue operation has been detailed in sworn depositions taken as part of an ongoing civil lawsuit major Hollywood studios filed against these two men in October 2005. The defendants said under oath that Google assigned them account representatives who assisted them with their Google ad campaigns, including offering them credit and suggesting they use keywords like "bootleg movie download" and "pirated" to promote their Web sites, the Journal reported. A Google employee "largely" backed up the statements from defendants Brandon Drury and Luke Sample, both residents of Missouri, the Journal reported, quoting anonymous sources familiar with the case, in which some depositions have been sealed. EasyDownloadCenter.com and TheDownloadPlace.com generated US$1.1 million in revenue between 2003 and 2005, and Google received $809,000 for advertising, the Journal reported. Upon learning that the defendants used Google to market their software, the plaintiffs, which include News Corp., Viacom International Inc., Sony Corp., NBC Universal, Time Warner Inc. and The Walt Disney Co., complained to the search engine company, according to the Journal. Google responded by holding a conference call with the media companies on Friday in which it pledged to remove certain ads the companies object to, create a list of approved advertisers and stop selling keywords meant to drive traffic to pirated material, the Journal reported. Google also committed to monitor keywords more closely and to train its ad sales team on avoiding selling those types of ads. The flap comes at a time when Google is trying to negotiate with large media companies over the use of their material on YouTube's video uploading and sharing site, which Google acquired last year for $1.65 billion. Those negotiations are proving tough, as evidenced by fiascoes like this month's decision by Viacom to demand that Google remove over 100,000 of its video clips from YouTube. Viacom, whose properties include MTV, VH1, Nickelodeon, Nick at Nite, Comedy Central and Paramount Pictures, gave up afterÂ months of negotiations, saying Google and YouTube proved "unwilling to come to a fair market agreement." EasyDownloadCenter.com and TheDownloadPlace.com, which are no longer operational, didn't host any movies. Instead, they sold an application for $29.95 designed to allegedly help users search for and download pirated movies from P-to-P (peer-to-peer) file sharing networks. The defendants dispute the allegations that they induced and facilitated piracy and are thus guilty of copyright infringement and unfair competition. Asked to comment about the Journal's report, a Google spokesman said via e-mail that Google forbids advertisers from using its ad platform to promote the sale of copyright infringing materials. "We are continually improving our systems to screen out ads that violate these policies," he wrote. Â
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Internet search leader Google Inc is in talks to buy popular Web video site YouTube Inc. for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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By Sara Kehaulani Goo, Washington Post Staff Writer  In the few months since Google paid $1.65 billion to acquire YouTube, both companies have tried to come up with a formula to turn the hugely popular online video site into a moneymaking venture.  Turns out, it's not easy.
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Early investors in YouTube, the popular video-sharing Web site, are  poised for a big payday after the company's recent $1.65 billion acquisition  by Google Inc.
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The chief executive of media giant Viacom expressed reservations Thursday about Google's plan to enter YouTube content into a database and give owners the chance to take down the material.Viacom is suing Google for $1 billion over content being used on Google's YouTube Web property without permission. Speaking at the Web 2.0 Summit event San Francisco, Viacom President/CEO Phillipe Dauman expressed a willingness to work with online media properties but was skeptical of the Google plan, called Video Identification.Dauman said he had an open mind about reaching an agreement and that the announcement of Video Identification was a positive evolution. But it is not enough."I don't think we're quite there" said Dauman. Google, he said, can do things quickly if it wants to, he added. "I guess they haven't wanted to at this point," Dauman said.Google wants a proprietary system that benefits just one company, but the solution has to be a cooperative effort, said Dauman. He added he suspects Viacom at some point in the future will work with Google. The company does have a good relationship with Facebook, he said.Viacom has had its defenders, according to Dauman. "A lot of the technology companies out there welcome what we do," he said. Companies have said it was about time somebody took a stand, Dauman added.Like Google, Viacom has to protect its intellectual property. "I don't see their algorithms being shared openly with competitors," said Dauman."We took a step reluctantly because we had to," he said.Content producers need to be rewarded for what they do, Dauman said. "That nurtures creativity," he said.Viacom was part of a group of media and technology companies, along with vendors like CBS and Microsoft, that detailed Thursday principles intended to enable growth and development of user-generated content online while respecting intellectual property rights.Featured in these principles is implementation of filtering technology to eliminate infringing content; upgrading of technology and cooperation in technology implementation, and development of procedures to address claims that content was blocked in error. Removal of content also is addressed.Google was not a party to Thursday's announcement.
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Top online video service  YouTube will soon test a new video identification technology  with two of the world&#39;s largest media companies, Time Warner  Inc. and Walt Disney Co..
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The two co-founders behind YouTube received Google stock valued at about $650 million, according to a regulatory filing made with the US Securities and Exchange Commission Wednesday, while Sequoia Capital, the VC firm that backed YouTube walked away with around $450 million.
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(InfoWorld) - Yahoo agreed to buy Web video editing and publishing site Jumpcut.com on Wednesday, as Internet companies continue to seek ways to compete with YouTube. The move comes nearly four months after the Sunnyvale, California, companyÂ revamped its own Yahoo Video site, and could foretell further acquisitions in the Web video space.Â Microsoft recently openedÂ the beta version of itsÂ online video-sharing serviceÂ last week, Soapbox on MSN Video, while AOLÂ unveiled a revamped video portalÂ in late July to strengthen its position against YouTube and Google Video. Yahoo and Jumpcut both announced the deal on company blogs, and Jumpcut even made a short video to commemorate the event, which can beÂ seen here. The video site will join a host of other Yahoo properties, including Flickr and Del.icio.us. The deal will help Jumpcut reach a broader audience, and gain "more creators, more content and more exciting things to do," it said. Yahoo said Jumpcut would be part of the Yahoo Video family, indicating that the online Web video service would not replace Yahoo's own video service,Â available here. Terms of the deal were not disclosed. Jumpcut was founded and run by MiraVida Media, a San Francisco company. YouTube thrashed all rivals in a count of U.S. visitors from HitwiseÂ earlier this year, with 43 percent of traffic to video sites, nearly double the share of runner up MySpace.com. Myspace, in turn, held twice as much market share as the third and fourth place video sites, Yahoo and MSN. In a more recent survey earlier this month, YouTube captured 60 percent of all U.K. online video traffic.
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Goo Goo Ga-Tube Google is close to buying YouTube for $1.6bn, according to reports. Props for the scoop, if the talks pan out, go to TechCrunch, the Red Herring of the Web 2.0 Generation, which today reported this "completely Unsubstantiated Google/YouTube Rumor". The WSJ today also says that Google and YouTube are negotiating and mention $1.6bn as the price. But this could merely mean that the two publications have the same source.â¦
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Bloomberg is running an article which quotes Google CEO Eric Schmidt&#8217;s stance on media companies and their reluctance to upload content on YouTube, despite its popularity and demand by YouTube users to view copyrighted content. &#8220;Eventually all of the copyrighted content will be available on virtually all of the sites,'&#8217; said Schmidt, who is tussling over [...]
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Google Inc.'s YouTube signed a deal  with Digital Music Group Inc. to post more than 4,000 hours of  video content such as classic television shows to the  video-sharing site, the Wall Street Journal reported on Monday.