Let’s not throw away JupiterMedia (JUPM) just yet. Yes the stock has dropped 27% since late February and Getty (GYI) won’t touch them with a ten foot pole. But consider these few facts courteous of the fool.com:
Jupitermedia became an image-pitching force three years ago.
Jupitermedia was looking pretty as a picture two years ago.
Even Tom Brady had a beef with Yahoo! over unauthorized usage of graphical ads last year.
Will time heal all wounds? That has yet to be seen but I wouldn’t close the door on JUPM just yet.
Wasn’t YouTube great? Well, the party is over. Now that Comedy Central and everyone else has pulled their content from the site, amateur hour just isn’t as exciting. Today MTV owner Viacom Inc. (VIA) sued YouTube and its corporate parent, Google Inc. (GOOG) for more than $1B in damages on claims of widespread copyright infringement. I bet Google is loving the fact that they paid $1.65B for YouTube back in October. However $1B is just pocket change for Google, I bet Larry Page and Sergey Brin have that kind of money in a bin on their desk next to their paperclips. Still, YouTube has yet to make some real money for Google, but it sure is costing them a pretty penny. Can you see that inscription? Here let me make it bigger for you:
Keep in mind Google has $11.24B of cash on hand. They can afford a few mistakes. Besides YouTube, Google has scooped up more than 50 tiny software firms that have created various online applications: calendars, social networks, maps, blogs, photo sharing and word processing. Google doesn’t charge for any of these services, and few of them rank number one or two or even three in their categories, but they expand Google’s inventory of advertising space. In Google We Trust.