Don't Fret Google's You Tube Buy

Now I am not saying "buy Google" with this piece. I am merely saying that one more example of what the media called a colossal overpay has probably just paid for itself. And one more example of how the old media doesn't get it and can't be saved is now manifested.

You know how funny this is? If Tribune Corp. (TRB) had simply sold the Cubs, and not bought back stock, it might have been able to buy You Tube and be a player.

But then again, that's pure fantasy.

I am sure the people who run Tribune Corp. would have the same experience I had last night at dinner, if they bother to listen to what the kids are doing. But then again, they are in the newspaper business, which presumes a total lack of knowledge of what kids are doing because almost no kids read the paper at all.

Random musings: College students, listen up! RealMoney is offering you something special... a free subscription through May 31, 2007. The only requirement: You must have an email address that ends in .edu. Email [e-mail] to accept my personal invitation to come read my blog every day, plus all the other writers on that great site. Pass it on!

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