-- Google Finance, Govt, Policy and Business Issues
---- Google Still Unsure How To Make Money With YouTube
BillyS - 2:08 am on Jun 15, 2008 (gmt 0)
Eric Schmidt, the search giant's chief executive, said it "seemed obvious" that Google should be able to generate "significant amounts of money" from YouTube, on which hundreds of millions of videos are watched every day, but that as yet it hadn't figured out how to go about it.
I wonder whom it seemed obvious to... I would have thought it would be difficult.
Google Chairman and CEO Eric Schmidt said Tuesday that it will take time for the company's recently acquired YouTube online video-sharing service to become a major source of sales and profits for the company.
[edited by: BillyS at 2:09 am (utc) on June 15, 2008]