Techcrunch and the Wall Street Journal are reporting a rumour that Google could be buying YouTube for $1.6 billion. Its overpriced but the Mountain View search behemoth can clearly afford it.
The big question if they do buy it, will be what they do about the potential copyright lawsuits that could be slapped on them by media companies whose content is all over the video sharing site like a huge rash.
I’m sure they know all this but maybe they have a cunning plan that involves cutting deals with the likes of Viacom and Time Warner in return for ads or video channels on YouTube.
> TechCrunch with the latest rumours
> The Wall Street Journal with the story
> The (London) Times with their take