Googlewatcher John Battelle transcribes Google's conference call officially announcing the buyout. Revelations: Google Video will not go away and YouTube will still look like (and be called) YouTube. [Battelle's Search Blog]
Inside Google blogs the call too. Eric Schmidt, says the blog, says YouTube founders Steve and Chad remind him of a younger Larry and Sergey. Expect him to IM them late at night asking if he makes them a little horny. [Inside Google]
The latest full account from Reuters notes that Google's stock dipped just after the announcement. [Reuters]
The official press release. [Google]
Google plans to invest in other video opportunities too. Could the YouTube imitators still sell to Google? [Reuters]
Inside Google explains the many music deals that Google and YouTube just nailed, killing the common wisdom that copyright suits would do to YouTube what they did to Napster. [Inside Google]
