
YouTube, the video-sharing Web site, must feel like the belle of the ball with many media and technology giants vying for their hand. Google Inc. (GOOG) currently is in discussions to acquire YouTube for $1.6 billion.
On YouTube's dance card, with the very real possibility of sweeping with bigger and better offers, are Microsoft Corp. (MSFT), Viacom Inc. (VIA-B), News Corp (NWS) and Yahoo! Inc. (YHOO), who has also made a recent play for Facebook.
Up for debate is the viability of profits from this company that hasn't even been in business for a year. They also face possible legal challenges over the unauthorized posting and sharing of videos. Also a hurdle is the independence of founder Chad Hurley and his unwillingness to go public or be acquired.
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