The world of new media may be set to change again as search engine Google is in talks with Youtube to buy the online video outlet for $1.6 billion, according to reports from The Wall Street Journal and The New York Times. This piece from the Associated Press says that the two sides are still in a 'sensitive' stage however.

One thing still puzzles me. Both YouTube and Google have online video sites that allows users to upload their films (here's a link to the latter). But only the Google sets prices on some of the videos. Will the free YouTube become a thing of the past and force web surfers to pony up some dough if the mighty engine takes over?