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New York Times: Google Is Said to Set Sights on YouTube

Andrew Ross Sorkin, reporting for The New York Times:

Google is in discussions to acquire YouTube for $1.6 billion, people involved in the talks said yesterday. While the talks are in the early stages, and may fall apart, the size of Google’s offer may push YouTube closer to a deal. Other companies have also expressed interest and could swoop in with a higher offer.

Microsoft, Yahoo, Viacom and the News Corporation, among others, have all visited YouTube’s headquarters in San Mateo, Calif., in recent months to inquire about buying the company.

Saturday, 7 October 2006