Wednesday, August 23, 2006

Sony buys Grouper making YouTube worth gazillions!

Sony has just bought video download site Grouper for $65M and will take the amateur video joint into the big league by streaming Sony movies/shows on it too. And I thought Sony movies were en peu passe!

This looks good for Grouper, average for Sony and MARVELLOUS for YouTube who must now be worth gazillions. Which means only Google will be able to afford them.

Microsoft is clearly out of the bidding - they only buy their own stock!

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