Sunday, September 11, 2011

Google goes on spending spree

Google continues to move forward buying everything in sight. Under the leadership of CEO Larry Page Google has purchased Motorola mobile and Zagats just this summer. Now Google has their sights set on Hulu licensing, essentially buying rights to content on Hulu which they will likely use on their video site on youtube. NBCUniversal, Disney-ABC, and Fox Entertainment Group have been looking for buyers for Hulu recently with Yahoo, Amazon, and Dish Network at the head of the bidding wars. Google, however, has made huge undisclosed bids to buy content. How far they will go remains to be seen, as Anti-Trust investigations against the company continues. Which is highly likely in my opinion with the Department of Justices recent actions against an AT&T T-Mobile merger.

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