Google to Buy YouTube for $1.65 Billion in Stock

MOUNTAIN VIEW, Calif. — Google agreed to buy YouTube for $1.65 billion in a stock deal that catapults the search giant to a starring role in online video distribution.

Nineteen-month-old YouTube, which has spawned a handful of imitators in the adult world — Pornotube.com and Porntube.com, for example — combines Google's global technical infrastructure for serving up advertisements from its advertisers with YouTube's leading position in serving up videos to users on the web.

San Bruno, Calif.-based YouTube claims surfers view the short videos more than 100 million times daily through its service, and it commanded 46 percent of visits to U.S. online video sites for September. That figure, according to market-research firm Hitwise, compared with a 21 percent share for the video activities of MySpace and 11 percent for Google Video.

The combination of Google and YouTube may make it easier to secure distribution agreements for copyrighted video content, but some legal analysts and industry executives say that YouTube could face copyright suits by some content owners who are already concerned that their copyright video and music is available without their permission.

Google still faces a suit with the Association of American Publishers and the Authors Guild over copyright infringement after it launched Google Books. That suit continues in U.S. District Court.

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Streamate Spotlights Savannah Sly as December 'Elevate' Community Partner

Streamate has selected New Moon Network founder and co-director Savannah Sly as its Elevate Community Partner for December.

LaBellaDX Launches New Site Through YourPaysitePartner

Content creator LaBellaDX has launched her new official website through YourPaysitePartner (YPP).

Clip Page Launches 'Creator Analytics' Feature

Custom content marketplace Clip Page has launched the Creator Analytics feature on its platform.

BBWXXXAdventures Relaunches Through Grooby's Blue.xxx

Paysite BBWXXXAdventures has relaunched under Grooby's new website management company Blue.xxx.

Flirt4Free Announces 'Tease the Season' Holiday Contest

Flirt4Free has announced its Tease the Season promo and model contest, which will run Dec. 21-25.The competition is led by the return of the Snowflake Contest, where models can be gifted digital snowflakes by their fans. The models who collect the most snowflakes by 11:59 a.m. on Christmas Day will win cash prizes.

SWR Data Publishes 2024 'Top Creator Platforms' Report

Adult industry market research firm SWR Data has published a report on the Top Creator Platforms of 2024.

MintStars Joins Pineapple Support as Supporter-Level Sponsor

Content platform MintStars has joined the ranks of over 60 adult businesses and organizations committing funds and resources to Pineapple Support.

Politicians Aim to Study Effects of FOSTA-SESTA on Sex Workers

In an encouraging sign for sex workers, California State Representative Ro Khanna and U.S. Senator Elizabeth Warren of Massachusetts have reintroduced the SAFE SEX Workers Study Act, which aims to study the effects of FOSTA-SESTA.

Pornhub to Shut Down Access in Florida Over Age Verification

Aylo will geoblock Pornhub across Florida starting Jan. 1, when HB 3, the state's age verification law, goes into effect.

AEBN Publishes Popular Searches by Country for October, November

AEBN has released the list of popular searches from its straight and gay theaters by country in October and November.

Show More