Google + YouTube = GooTube

So Google finally stakes its hands into tring to buy YouTube. So what does this mean for us Video Bloggers? Good news? - yes, it is good news as both Google Video and YouTube have been popular video broadcasting sites and now that YT may be a part of GV, Google would get hold of a big chunk of a customer base and hopefully convert the unprofitable business into a profitable one with its ads! All in all Google's stocks rose to a close $430. News is that YouTube alongwith all its 67 employees would continue to retain its brand. So I guess it is going to be YouTube after all, just that Google can find innovative ways to monetize from it!

Check out the link and read the complete story:

http://www.cbsnews.com/stories/2006/10/09/business/main2075298.shtml