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After reading this article which sparked my interest, I feel that Google has indeed made a right move in purchasing Youtube, it is the only important social video sharing site out there, and from another article which I read, Youtube has one billion biews a day, this is a smart move done as this would attract companies to want to put their advertisements on Youtube. At first glance, spending 1.65 billion on anything is definately something which anyone would need second thoughts about. However, judging from the way Youtube is now, I sincerely believe that google did indeed make the right choice in purchasing Youtube.
Google and Youtube has made a great impact in many people’s lives, after asking a few of my friends which search engine do they usually use, they all came up with a similar answer. Google. And like I said previously and as read in the article, the only important social video sharing site out there up till now is only youtube, and i believe it is highly unlikely to be precedented by any other video sharing websites anytime soon.
Youtube and google might not really be the more impactful media “trend” around, but from what I see, they have been used by almost everyone I know at least once, (except for some of my family members, but its still a large number.).
With that being said, I conclude my literature review by praising Google once more for purchasing youtube and having it become one of its best assets yet. Thank you
http://mashable.com/2009/10/06/google-youtube-1-billion
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So whats the point of buying youTube? you praised Google but what benefits does it reap for them?
Comment by Ms J December 10, 2009 @ 12:34 amThe benefits from googles purchasing Youtube is very obvious even to us normal web users, youtube draws in milliions of viewers everyday, while that being the case, anyone who decides to advertise their company or products on youtube has to definately pay a huge amount of money for the commercial fees, and all this profits will go to google, which will sooner or later cover up the cost for google purchasing youtube.
Comment by nmtp01dunping January 4, 2010 @ 3:35 pm