It’s Official – Google to buy YouTube

Some think it’s crazy because of the risk of copyright lawsuits, but I think Google’s decision to buy YouTube was a smart move. It’ll be interesting to see how/if Google video and YouTube will consolidate/integrate the user experience and I’m sure Google will be quick to expand on making friendly arrangements with various broadcasting groups to keep the copyright gods happy.

The announcment with Google CEO, Eric Schmidt and YouTube CEO, Chad Hurley is posted here: http://chkpt.zdnet.com/chkpt/ne.audio.dl/http://podcast-files.cnet.com/podcast/google_buys_youtube.mp3

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