YouTube Bests the BBC, MySpace
For the month of May, YouTube's reach outgrew that of the BBC's Web properties writes Mark Sweney of MediaGuardian.
"Its success," he says, "has been such that a price tag of as much as $1 billion (£536 billion) has been put on the company and rumours are circulating of a possible initial public offering."
Among the potential suitors eyeing the video-sharing phenom? Yahoo!, NewsCorp., Google, Sony, Time Warner, Adobe Systems, Viacom, Microsoft and Apple, according to ZDNet's Russell Shaw.
With any luck, one of them will have figured out a way to translate a 3.9% daily share of all global Internet traffic into dollars and cents... if that's even what it's all about.