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

CAM4 Debuts Weekly 'Skyy Knox's CAM Crawl' Livestream

CAM4 is launching "Skyy Knox’s CAM Crawl," a new livestream running every Sunday at 3 p.m. PDT.

Texas Judge Pauses AG Ken Paxton's Aylo Lawsuit Until SCOTUS Decision

A Texas district judge granted a request Wednesday to pause proceedings in the lawsuit filed by Attorney General Ken Paxton against Aylo over its implementation of Texas’ controversial age verification requirements for Pornhub, pending the outcome of the Free Speech Coalition-led lawsuit against Paxton, which will be heard by the Supreme Court during the next term.

Author of UN Report Recommending Worldwide Criminalization of Sex Work, Porn to Speak at NCOSE Summit

Jordanian activist Reem Alsalem, a special rapporteur on violence against women and girls at the United Nations Human Rights Council who recently issued a controversial report recommending that governments abolish all forms of sex work, including porn, will speak at anti-porn lobby NCOSE’s 2024 summit in August.

Spicey AI Voice Chat Platform Launches

Spicey AI, a platform that uses artificial intelligence to create interactive voice messages from chatbots based on adult performers, has launched.

Utherverse to Host 8th Annual VirtualCon in September

Virtual reality and metaverse technology company Utherverse will hold the eighth edition of its annual virtual conference, VirtualCon, from Sept. 26-28.

Pornhub Shuts Down Access in Nebraska Over Age Verification

Aylo began blocking access to Pornhub in Nebraska on Monday, in anticipation of the state’s new age verification law — one of many such bills promoted by religious conservatives around the country — which is scheduled to go into effect Thursday.

FeelMe AI Launches 3 New Subscription Tiers

FeelMe AI has launched three new subscription levels, allowing users to connect compatible Kiiroo sex toys to their videos for interactive solo play.

CamSoda Launches AI Girlfriend Builder

CamSoda has debuted a personalized "AI girlfriend" feature, which allows users to create their very own virtual companion at no charge, including free NSFW role-play and chat.

Free Speech Organization Comes Out in Support of Wisconsin Professor Who Posted on OnlyFans

After a University of Wisconsin-La Crosse faculty tribunal recommended stripping veteran professor of communications Joe Gow of tenure last week due to Gow having unremorsefully created and appeared in adult content, a major free speech organization has come out in his support.

MojoHost Unveils Public Cloud Service MojoCompute

MojoHost has launched MojoCompute, a new cloud service, as the central component of its MojoCloud product offerings.

Show More