Thursday, August 24, 2006

 

YouTube could be a steal at $1 billion | CNET News.com

"By agreeing to pay $65 million for Grouper--a profitless video-sharing company with negligible market share--Sony has helped establish a benchmark for other companies in the space and sent industry insiders speculating wildly about what market leader YouTube may be worth."

Whew!

- Frank

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