MediaFile

UTube to Google: Let’s talk

October 9, 2006

(Updates with YouTube comment and market data) 

Google,  uTube.com is holding for you on line two.

For much less than the $1.65 billion figure Google shelled out to buy online video leader YouTube Inc., the other ‘Tube, Universal Tube & Rollform Equipment Corp. (rolls right off the tongue, eh?) will give up its Internet address www.utube.com and the headaches, owner Ralph Girkins tells Mediafile.

Since the 19-month old YouTube became a hit, Girkins has grappled with his own site slowing to a crawl. “It’s a huge problem,” Girkins said. “The guy who hosts my website can’t handle.”

Girkins says an intermediary made an offer on behalf of YouTube for $1 million. “It was just too low,” he says. Between $2.5 million to $3 million will do the trick, Girkins says.

A YouTube spokesman was not immediately reachable on Monday. By Thursday a company spokesman said “This is a false claim.”

No rational connection may exist between YouTube and uTube. But that doesn’t stop plenty of consumers from misspelling the URL of the video site. Data from Web audience measurement firm shows the explosion of traffic that has taken place.

In the last week of September, uTube ranked as the No. 6 most visited location among U.S. manufacturing and industrial sites, just behind destinations like ThomasNet, the industrial product information site, GE Appliances and Protcer & Gamble. UTube ranks ahead of sites like Whirlpool, 3M, Olympus America and Maytag. A year ago, uTube didn’t appear anywhere in the Hitwise rankings. Then again, YouTube didn’t either.

Here’s Gawker’s take on the story. CNNMoney.com also has an interview with Girkins.

Comments
3 comments so far | RSS Comments RSS

$1million is not enough for a $150 address?

domain valuation tool

Posted by Bored of Sarcasm | Report as abusive
 

Talk about greedy! I would just say forget you and wait til the loser gives up the domain that he can not use.

Posted by whatthe?? | Report as abusive
 

http://www.Utube.com is a legit domain name used by a legit company that manufactures tubing. The company has been around since 1985, so selling the site name would require either having to come up with another URL that would make sense to their clients, or having to rename the company and rebrand. What do companies pay to do that and what does it do to their client base? It’s not cheap!

Valerie Suelzer

Posted by Valerie Suelzer | Report as abusive
 

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/