Search engine giant Google announced today that they have purchased teen-angst and lip-syncing video portal YouTube for 1.65 billion dollars.
The announcement came hours after YouTube unveiled three agreements with media companies, deals thought to be a bid to escape the threat of copyright-infringement lawsuits.
How this will change YouTube remains to be seen, of course, but one thing is for sure, the dude who invented YouTube is going to sleep in a solid gold hammock tonight.
Also, we think it should be called "GooTube."
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