UTube to Google: Let’s talk
(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.