Does Google Want to Control Internet Video?

When Google bought YouTube for $1.65 billion in late 2006, there was a lot of speculation as to what the search giant was going to do with the fast-growing host for homegrown video. At least one observer thought that Google was moronic for making the purchase, especially for such a high price, given the potential for copyright-related lawsuits. Google recently tipped its hand, though, with major implications for the future of online video.
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