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Remember back in July when I said that the most logical candidate for acquiring YouTube was Google? Now the Journal agrees, or at least, has one source validating a rumor from TechCrunch….

Google Inc. is in talks to acquire online video site YouTube Inc. for roughly $1.6 billion, according to a person familiar with the matter. The discussions are still at a sensitive stage and could well break off, this person says.

A spokeswoman for closely held YouTube could not be reached for comment. A Google spokesman said, “We don’t comment on rumors and speculation.” Rumors of such talks were reported earlier on the TechCrunch blog.

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