Why does ‘Google’ has to purchase a company like “YouTube” on a $1.7 billion deal?

I guess you might have to throw away your TV sets soon!

Watching television is becoming a greater deminishing trend. People really don’t bother anymore, essentially with those annoying TV commercials interrupting your time of entertainment. Instead, it’s all about online video now.

That’s why Google has spent nearly $1.7 billion on YouTube. It’s also the reason why Internet & Entertainment giants like Yahoo! and Sony are touting on similar deals.

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~ by Zaroff on July 28, 2007.