Introduction Many people spend their whole lives chasing the American Dream of fame and fortune and never achieve it. For some people it takes only two years to achieve fame and fortune. YouTube is the American Dream come true. In only two years YouTube went from zero to being worth $1.65 Billion (yes BILLION) Dollars! The big dog on the Internet Google, purchased the up and coming video website superstar YouTube and added it to their online empire. Google is so certain that Video is the wave of the Internet future that they put their money and name on it. Shouldn’t you be following Google’s example and start using Videos to promote your Online Ventures and to help you Generate More Traffic? This guidebook will show you the endless possibilities that Video can create. Whether you are an old hand at using Videos or a beginner you will be amazed at how Video will help your Online Ventures. For more information on Google’s YouTube acquisition, we have enclosed a copy of the press release that Google sent out. Google Press Release MOUNTAIN VIEW, Calif., October 9, 2006 ‐ Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock‐for‐stock transaction. Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community. The acquisition combines one of the largest and fastest growing online video entertainment communities with Googleʹs expertise in organizing information and creating new models for advertising on the Internet. The combined companies will focus on providing a better, more comprehensive experience for users interested in uploading, watching and sharing videos, and will offer new opportunities for professional content owners to distribute their work to reach a vast new audience. ʺThe YouTube team has built an exciting and powerful media platform that complements Googleʹs mission to organize the worldʹs information and make it universally accessible and useful,ʺ said Eric Schmidt, Chief Executive Officer of Google. ʺOur companies share similar values; we both always put our users first and are committed to innovating to improve their experience. Together, we are natural partners to offer a compelling media entertainment service to users, content owners and advertisers.ʺ ʺOur community has played a vital role in changing the way that people consume media, creating a new clip culture. By joining forces with Google, we can benefit from its global reach and technology leadership to deliver a more comprehensive entertainment experience for our users and to create new opportunities for our partners,ʺ said Chad Hurley, CEO and Co‐Founder of YouTube. ʺIʹm confident that with this partnership weʹll have the flexibility and resources needed to pursue our goal of building the next‐generation platform for serving media worldwide.ʺ When the acquisition is complete, YouTube will retain its distinct brand identity, strengthening and complementing Googleʹs own fast‐growing video business. YouTube will continue to be based in San Bruno, CA, and all YouTube employees will remain with the company. With Googleʹs technology, advertiser relationships and global reach, YouTube will continue to build on its success as one of the worldʹs most popular services for video entertainment. The number of Google shares to be issued in the transaction will be determined based on the 30‐day average closing price two trading days prior to the completion of the acquisition. Both companies have approved the transaction, which is subject to customary closing conditions and is expected to close in the fourth quarter of 2006. Webcast and Conference Call Google hosted a conference call and webcast on March 5,2007at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the acquisition. Grab Your Copy For Only . . . $4.95
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