Google buys YouTube for 1.65 billion in stock

Wow. I didn't really find the sense of it when I read the rumors last week. Even now, at that price it still doesn't make much sense.
They can put ad sense throughout the whole site and make a good quarter of that money back probably. But what about
google video? They have a selection of pay to watch shows, including South Park and NBA games. So are they going to go all google video style or keep them separate? Who knows.
It's starting to look like 1998 all over again. Hopefully nothing bursts this time around.
image stolen from news.com