This becomes a topic for acquisition management. You can keep it as a separate company with the highest possible autonomy. I don&#x27;t know how much autonomy YouTube has over Google&#x27;s core decision (i imagine there are debates who to drive the decision and the technology implementation).<p>But obviously if Netflix were to be acquired by Yahoo, I see a fundamental demand to make Netflix into the Yahoo portal, because of the ad money, which I think would be a mistake (linking is a whole different story). At least YouTube is not integrated into Google portal which is a great decision.