It’s Official: Google Buys YouTube

Google made the announcement today after a full weekend of speculation and rumor that the company has agreed to buy video-sharing site YouTube for $1.65 billion in a stock-for-stock transaction. Google says YouTube will continue operate independently.

Microsoft, Blinkx to Team Up

Microsoft announces partnership deal with Blinkx to power searches via MSN video, throwing their hat in the ring with others making splashes in online video news on Monday.

Google to Offer Free Music Videos

Google along with Warner Music Group and SONY BMG MUSIC ENTERTAINMENT have come to terms on an agreement today that will provide users with access to an expansive library of streaming music video content.