Wednesday, October 11, 2006

YouTube's Two Kings: What Everyone Is Talking About

copyright Adage.com
by Anne-Marie Kerwin
published October 10, 2006

NEW YORK (AdAge.com) -- In the year since YouTube went live, the vlog -- a video diary usually featuring a lip-syncing teen or a grousing 20-something -- has become its lingua franca. So how did YouTube's founders announce the news that everyone has been chattering about since last Thursday? In their very own video, of course (SEE ABOVE).

The lead video on YouTube this morning features co-founders Chad Hurley and Steve Chen making the official announcement that they have sold their site to Google (for $1.6 billion -- not bad for just under a year's worth of work). As YouTube user Hellorodney says in a video posted in reaction to the sale, that's "a lot of freaky cash."

FULL ARTICLE

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