The Wall Street Journal, however, has followed up with a report claiming that discussions are early and that a deal isnt imminent. The move, if it succeeds, would effectively put one of the webs most highly trafficked sites firmly in Googles hands. However, for YouTubes part, the move makes sense. While YouTube is otherwise the king of online video, it mostly missed the boat on livestreaming. However, Variety reports that YouTube is preparing for regulators to challenge the deal.