Just arrived at Dallas (for Educause) and I see on CNBC that Google has decided to acquire YouTube for $1.65 billion. Bloomberg has more on the breaking story.
This goes along with other reports like that from ArsTechnica:
“YouTube has won. The company today announced a flurry of deals with music labels to offer music videos and other content free of charge, including one with onetime nemesis Universal, which recently claimed that YouTube owed it millions of dollars for copyright infringement. In addition to the Warner deal announced two weeks ago, YouTube has now signed on Sony BMG, Universal, and CBS.”