Monday, April 17, 2006

Dateline Hollywood : YOUTUBE BUYS TIME WARNER
  • “It’s time to shake up the stodgy old media companies that don’t ‘get’ the Web 2.0,” said YouTube CEO Chad Hurley, whose company is “technically unprofitable,” but is valued at $1.3 trillion based on the nine million teenagers per month who watch home movies made by other teenagers.

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