Tuesday, October 10, 2006

gootube

Mega-search engine company Google bought the profitless YouTube for $1.65 million yesterday and this silly thank you video from Chad Hurley and Steve Chen shows the two YouTube twentysomething founders giddy to be millionaires.

Mark Cuban, media critic/owner of the Dallas Mavericks, HDNet and HDTV cable network, claims this is the beginning of the end of YouTube because the deal will spur copyright owners to crackdown on illegal use of their work. He explains more in his post I Still Think Google is Crazy.

On the contrary, others like St. Petersburg Times TV/media critic Eric Deggans see the purchase as a victory for consumer generated media and advocates of copyright reform.

Boing Boing points out that what Google and YouTube have in common is censorship.

"Google was slammed by free speech advocates for complying with authorities in China to launch a filtered google.cn this January. And YouTube has been the subject of growing criticism for takedown policies, which are at best erratic, and at worst, de facto censorship."

For more, here is NYT Andrew Ross Sorkin's analysis of the deal.

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