Download the new Switched app for your iPhone

Skip to Content

Engadget for the iPhone: download the app now
AOL Tech

Filed under: Video, Web services, Google, Social Software

Google to buy YouTube--today?

GooTubeThe rumored Google-YouTube acquisition we talked about last week might imminent--perhaps as imminent as later today, according to the New York Times' DealBook blog. DealBook's Andrew Ross Sorkin writes, "Barring a last-minute snag in the talks, the boards of both Google and YouTube were scheduled to hold separate board meetings on Monday to approve the deal, with an announcement possible after the close of regular trading." Michael Arrington's scoop about the merger talks last week reportedly accelerated the schedule for Google's negotiators, who feared a third party swooping in and disrupting the $1.6 billion deal.

In related news, YouTube struck some major media deals today, inking agreements with CBS, Vivendi's Universal Music Group, and Sony BMG. CBS, which already runs its own Innertube video site, will have a branded channel on YouTube starting next month featuring short-form content. The Vivendi deal will put thousands of the record label's music videos online, much like the Warner Music deal reached last month. Likewise, Sony BMG has agreed to put some of its videos online. All three media companies will be sharing advertising revenue with YouTube and allowing Vivendi and Sony BMG will be allowing YouTube users to incorporate the music video content into their own videos.
jobs & resumes
Mac Support Technician

Kerdan - Cambridge, MA (2 weeks ago)

See More Relevant Jobs ›

Reader Comments (Page 1 of 1)

Featured Time Waster

Level Up! A platform-hopping RPG Time-Waster

I don't know if this is a labor of love or merely the brainchild of four very gifted games designers, but Level Up is a really weird mash-up of gaming elements that you have probably never seen in a Flash game before. Let's start with the premise itself: Groundhog Day meets Memento. The game experience revolves around 'days': you explore the world and the clock slowly ticks towards the evening. You bounce around picking up gems and talking to the denizens of 'Level Upland'. Eventually you feel tired and head back to ...

View more Time Wasters


Follow us on Twitter!

More Tech Coverage

Joystiq

TUAW

DailyFinance

Autoblog

Urlesque

Engadget

WoW

Switched.com

FanHouse