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Should Google Nix YouTube?

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Should Google Nix YouTube?

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Should Google Nix YouTube? Saturday June 14, 2008#spacer{clear:left}#abc #sidebar{margin-top:1.5em}zSB(3,3)That’s what Don Reisinger thinks. He makes a lot of good points about YouTube as a giant money sink and lawsuit magnet. It’s still a pretty large investment to let go, and it’s unlikely anyone would want to spend over a billion dollars to buy a business that Google couldn’t make work. In a recent interview, Google CEO Eric Schmidt admitted that Google still hasn’t quite figured out how to convert YouTube’s popularity into profit. However, that doesn’t mean it’s time to upload funeral dirges for the video hosting service. It’s to Google’s benefit to downplay the profit potential of YouTube until the

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