YouTube itself may have been losing money, but they must've had a plan on how to make it EARN money, otherwise why buy it? They had no stake in it before that.
Are you saying Daimler HATED Chrysler, like Hitler hated non-germans? Wow... so, Google HATES YouTube... very interesting. That puts corporate acquisitions in a whole new light!
Not quite the point I was driving at. More like, Daimler thought it had a plan for Chrysler, but now wants to unload it. And Hitler thought he had a plan for Poland, but attacking it eventually brought him to ruin. Just like Google thinks it can make back it's investment... answer.. highly doubtful.
I thought Hitler wanted Poland so he could rule over it and get rid of those solar powered flashlights and screen door submarines I've heard they have.. neither of those seemed all that efficient really and I thought maybe it was the ONE saving grace Hitler possibly had.. wanting to help Poland overcome some of their technological deficiencies... But then you guys know me, I'm ALWAYS looking for the best in people..
Here's a theory I found on Slashdot, that addresses Hawkeye's earlier point.
"After YouTube was purchased for $1.6 Billion, there was rampant speculation that Google would soon be waist-deep in billion dollar lawsuits. Despite the enormous liability issues, Google purchased YouTube for a mind-numbing sum, leaving many doubters wondering if Google considered all of costs involved. A theory has been put forth explaining what Google may have been thinking when it bought the company." From the article "Letting YouTube fight this battle alone with their own lawyers might have resulted in a very public and unnecessary loss that would have crippled Google's video ambitions and possibly caused collateral damage to a bunch of related industries (especially search)." In short, the author argues that Google had a lot more to lose had it kept away from YouTube and let the old-media companies crush it with lawsuits."
I suppose having their own lawyers looking after the case is preferable to a company who has no money. But, I noticed all the other companies, namely NBS and fox, are looking at putting their own stuff online in an attempt to compete most likely.