said by kamm
:said by Primis1
:...considering he made his money in this sort of realm, and else nobody here can claim the same, I'd say he has a lot more cred than anyone else here in commenting on the market and economic reality of ventures like YouTube, whether anyone likes it or not
Considering
he made his money in a completely different era and business I'd call it a fairly ignorant but flatering comment...
He's right, in that YouTube would need a much more-solid plan in order to justify its value to anyone. They exist in a grey area that will (and should) scare some potential suitors off -- the most popular things on YouTube are usually illegal and unauthorized for them to even have. If you ripped those away, their model no longer makes sense. And that's not an unlikely scenario necessarily.
Of course it's BS - if somebody wants to sue YT nothing holds him back - studios have more than enough money to do it. YT has very little money to fight back in our retarded, money-based legal system.
The fact is that YT is an excellent promotional tool for them and obviously they want to turn it to a revenue source - most likely Cuban is simply bitter because he's out of this business with HDNet on YouTube...
Yea, just like P2P is a excellent promotional tool, but look at all the companies suing the hell out of it. The difference here is that YouTube is a site that can be shut down at any time. There is no money in it for companies to sue and shut it down. Its just a matter of time until a company goes after them. Their best bet is to wait until someone with deep pockets buys into the site and then the lawsuits will come.