Wednesday, March 7, 2007

YouTube 2006 sales pegged at $15 million

SAN FRANCISCO -- YouTube Inc. generated approximately $15 million in revenue for all of 2006, according to Bear Stearns analyst Robert Peck. Peck's conclusion is based on a review of a recent regulatory filing by Google Inc (GOOG), which purchased YouTube for $1.65 billion in October. The deal closed in November.