Comments on: The Google/YouTube deal: What a bargain http://wwwscope.com/2006/10/09/the-googleyoutube-deal-what-a-bargain/ Keeping an eye on the World Wide Web Thu, 20 Nov 2008 01:14:05 +0000 http://wordpress.org/?v=2.6.3 By: Uzair http://wwwscope.com/2006/10/09/the-googleyoutube-deal-what-a-bargain/#comment-28 Uzair Sat, 21 Oct 2006 04:39:44 +0000 http://wwwscope.com/2006/10/09/the-googleyoutube-deal-what-a-bargain/#comment-28 We all love Google, but let's not underestimate their ability to be massively wrong here. History is littered with companies that have underestimated the power of market forces, or overestimated their ability to 'make things work'. As for your YouTube/MySpace thing, there are other concerns, primary among them being that they have absolutely no liability towards MySpace, meaning MySpace could sued to hell tomorrow and they wouldn't have to really worry. If YouTube gets sued, the record companies aren't coming in for $1.6 billion, they'll be trying to pull every nickel from Google's warchest. We all love Google, but let’s not underestimate their ability to be massively wrong here. History is littered with companies that have underestimated the power of market forces, or overestimated their ability to ‘make things work’.

As for your YouTube/MySpace thing, there are other concerns, primary among them being that they have absolutely no liability towards MySpace, meaning MySpace could sued to hell tomorrow and they wouldn’t have to really worry. If YouTube gets sued, the record companies aren’t coming in for $1.6 billion, they’ll be trying to pull every nickel from Google’s warchest.

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