Google buys video-sharing YouTube for $1.65Bln

时间：2006-10-11 07:25:38

（单词翻译:单击）

Oct.11 - Google Inc., the leading Web search engine, agreed to purchase top video-sharing website YouTube for 1.65 billion U.S. dollars in stock, media reports said Tuesday.

 

YouTube's co-founders Chad Hurley and Steve Chen and their 65 employees will join the company, and the company will continue to operate independently with its headquarters in San Bruno, California, Google said Monday in a statement.

 

YouTube soared to an Internet icon1 after its launch from a garage in Feburary 2005. The company claims that more than 100 million videos are watched daily by visitors to the free website, which features a content ranging from silly home videos to snippets of Hollywood films, television shows and concerts.

 

The deal, expected to close before the end of the year, combines two of the most popular Internet brands: Google, synonymous with Web search and rapid innovation, and YouTube, a leader in the new generation of user-participation Web sites.

 

In anticipation2 of the acquisition, investors3 pushed shares of Google up 8.50 dollars, or 2 percent, on Nasdaq on Monday to a closing price of 429.00 dollars -- a level not seen since late April. In extended hours trade, Google climbed to 431.55 dollars.

 

The stock had already gained about 2 percent on Friday when reports emerged that a deal might be in the works. In two trading days, Google has added around 6 billion dollars in market capitalization.

 

For Google, the acquisition of YouTube, the company's largest, would thrust the Web search leader quickly into the emerging market for video advertising4, where it has only a tiny foothold compared with Yahoo Inc. and various Web start-ups.

 

Analysts5 said the acquisition will build on Google's strategy to add more content to attract advertisers.

 

"YouTube is phenomenally valuable in terms of traffic and in the Internet sector7 this is important just like location is important in real estate," Reuters quoted Sasa Zorovic, an analyst6 at Oppenheimer, as saying.

 

Just a few hours before the deal, Universal Music Group and Sony BMG said they had signed distribution deals with YouTube, following a similar agreement with Warner Music Group last month. Google also said on Monday that it had signed similar deals with Warner and Sony BMG.

 

Some cynics have questioned YouTube's staying power because of copyright concerns.

 
分享到：


点击收听单词发音收听单词发音  

1 icon JbxxB     
n.偶像，崇拜的对象，画像
参考例句：
  • They found an icon in the monastery.他们在修道院中发现了一个圣像。
  • Click on this icon to align or justify text.点击这个图标使文本排齐。
2 anticipation iMTyh     
n.预期，预料，期望
参考例句：
  • We waited at the station in anticipation of her arrival.我们在车站等着，期待她的到来。
  • The animals grew restless as if in anticipation of an earthquake.各种动物都变得焦躁不安，像是感到了地震即将发生。
3 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
4 advertising 1zjzi3     
n.广告业；广告活动 a.广告的；广告业务的
参考例句：
  • Can you give me any advice on getting into advertising? 你能指点我如何涉足广告业吗?
  • The advertising campaign is aimed primarily at young people. 这个广告宣传运动主要是针对年轻人的。
5 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家，化验员( analyst的名词复数 )
参考例句：
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
6 analyst gw7zn     
n.分析家，化验员；心理分析学家
参考例句：
  • What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
  • The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。
7 sector yjczYn     
n.部门，部分；防御地段，防区；扇形
参考例句：
  • The export sector will aid the economic recovery. 出口产业将促进经济复苏。
  • The enemy have attacked the British sector.敌人已进攻英国防区。

©2005-2010英文阅读网