Thursday, September 21, 2006

YOUTUBE'S GOT A FAT IDEA OF ITSELF By SAM GUSTIN - New York Post Online Edition: Seven

"INTERNET upstart YouTube, the bane-du-jour of copyright holders everywhere, won't sell itself for anything less than $1.5 billion, The Post has learned. "

UPDATE: "Media companies looking to acquire Internet sensations YouTube and Facebook would need to take a "big leap of faith" to pay current valuations on the takeover targets, Time Warner Inc's boss was quoted as saying in an interview."

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