Google to acquire internet media company

• For $1.65B in Google stock

• YouTube had been in acquisition discussions with several other public companies including Yahoo! and News Corp
• M&A discussions were colored by concerns that YouTube enables copyright infringement

• YouTube has implemented technology to allow
  infringing content to be identified and removed
• YouTube has struck licensing deals with several large  media companies

Announced 10.09.06

• GOOG press release

Closed 11.13.06

• Press release
• Form 8-K
• Amended agreement

Viacom sues YouTube and Google

• Claims over $1B in damages
• SDNY 1:07-CV-2103

Media companies had threatened legal action

• Could assert claims of as much as $150,000 per violation
• Universal Music CEO comments 9.14.06
• Time Warner CEO interview 10.13.06

YouTube strikes licensing deals

• NBC 6.27.06
• Warner Music Group 9.18.06
• Universal Music Group 10.09.06
• SONY BMG 10.09.06
• CBS 10.09.06

YouTube content identification architecture

• YouTube press release 9.25.06
• Attempt to comply with safe harbor in
  Digital Millennium Copyright Act of 1998

Company webpage

YouTube fact sheet

Milestones

• Company founded in Feb 2005
• Received funding from Sequoia Capital

• $3.5mm in Nov 2005
• $8.0mm in April 2006