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Music Industry Holds Stake in YouTube
Death of video portal greatly exaggerated?
by Karl Bode Thursday 19-Oct-2006
Last month, HDNet chief and cable industry mouthpiece Mark Cuban attempted to scare investors and advertisers away from YouTube. According to Cuban, anyone who purchased the company was a "moron", since the company would soon be sued into oblivion by the entertainment industry for sharing their content illegally. Cuban has traditionally laughed at broadband as a video distribution medium, proclaiming it will never take off.

Several weeks later finds YouTube now under the ownership of Google, with plans to employ new copyrighted file filtering technology. What's more, YouTube is thus far being excluded from lawsuits filed against smaller video-sharing sites - and it's not simply because of distribution deals.

The NY Times breaks the story today of how three of the four major entertainment cartels not only struck distribution deals with YouTube, they took a partial ownership stake, and stand to collectively benefit to the tune of $50 million.

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Karl Bode
News Guy
join:2000-03-02
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Road Runner
PC gaming GAMES
PC gaming Tech

2 edits

I make millions...

Selling hand-soap ads that run next to videos of dancing penguins wearing pants. What do you do?

Edit:

Scratch that. Technically I make millions watching others sell hand-soap ads that run next to videos of dancing penguins wearing pants.

dispatcher21
911 Where is your emergency?

join:2004-01-22
united state
kudos:1

Re: I make millions...

In yo face Mark Cuban!!!!
Josimars

join:2001-04-24
Port Chester, NY

1 edit

Re: I make millions...

Mark Cuban is History.

King P
Don't blame me. I voted for Ron Paul
Premium
join:2004-11-17
Franklin, TN

Re: I make millions...

This really goes to show how short sighted Mark Cuban really is.
--
Forget 'em, Support the Indies.
Independent Music Online

GTaylor
Premium
join:2002-12-14
Frisco, TX

Re: I make millions...

I love YouTube and hope it survives in it's current model, but anyone with a clue will see that they're one revolutionary site away from becoming a write-off for Google.

Props to Google for having the guts to take this big a risk, myself I couldn't do it and see Cuban's logic for this. Tax write-off or not it's hard to go sleep at night if you lose a billion and a half.

chakey
Premium
join:2004-06-14
Gladstone, NJ
I make thousands teaching children to sing. Scary, right?

Romney2012
Defeat Obama 2012-Chg we can believe in
Premium
join:2002-03-03
USA
kudos:4

Big business will win in the end; they always do

This is just another example of how big business will win in the end. YouTube the big darling of the "ALWAYS FREE" set has been co-opted and will return big profits to Google, the RIAA companies, and the MPAA companies. And advertising has now totally dominated the internet. So very different from what it was like 10 yrs ago.
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guitarzan
Premium
join:2004-05-04
Skytop, PA

Re: Big business will win in the end; they always do

There is streetfire.net for home made video. Maybe google will snag that site up next.

CylonRed
Premium,MVM
join:2000-07-06
Bloom County
10 years ago barely anyone was making money and all fo those "free" sites needed to start colleting money in fees or advertising or close down... The internet still runs off of money - remember the days of free dialup and free broadband? They can't make it being free and stay online indefinately.
StaticMan

join:2006-06-21
23534

1 edit

you win this battle

Mark Cuban:"This will never work, you will be sued into oblivion. BWAHAHAHAHA!!!!!"
YouTube:"We just struck deals with the people who you think would sue us, so it's not happening Cuban."
Mark Cuban:"You win this round, YouTube. Touche, YouTube, touche. But you haven't seen the last of me, I will return!"
YouTube:"Bring it Cuban, bring it."
bamabrad

join:2006-01-27
Port Orange, FL

Can't be correct ALL the time...

which this has proved- Mr. Cuban doesn't know everything. But I DO wonder what his ulterior motives are.

rachelsfx

join:2004-09-27
Pensacola, FL

Re: Can't be correct ALL the time...

I'm sure Cuban is choking on his obvious stupidity. A dot-com one hit wonder is all he is.

Fatal Vector

join:2005-11-26

Re: Can't be correct ALL the time...



He may be a "dot com one hit wonder", but he sure did manage to enrich himself, didn't he? It ony takes one...
caco
Premium
join:2005-03-10
Whittier, AK

Calm down folks.

Mark Cuban might be proven right in the long run. In the last week we have seen Gruoper and Bolt feel the lawsuit whip. Everyone knows that in business you go after the small fish 1st. Once Universal or any big Media Company break the smaller companies in court , they will use that as leverage to go after the bigger companies. You tube might not get sued into oblivion but the cost of showing videos will definitely be higher.
--
A shotgun blast to the head will clear that right up.

brooklynman4

join:2004-09-07
Brooklyn, NY

Re: Calm down folks.

Im not making the money so why should we care about this??

Morac

join:2001-08-30
Riverside, NJ
kudos:1
Reviews:
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The reason Universal didn't sue YouTube is because Universal has a licensing deal with YouTube.
--

The Comcast Disney Avatar has been retired.
cableman0327

join:2004-10-10
Westminster, MD

Duh...

Its A Tax Write Off, When it Fails..Google Is'nt Stupid..

TOPDAWG
Premium
join:2005-04-27
Midland, ON

1 edit

Mark Cuban

I would laugh if Mark Cuban saw all the stuff people are posting about him then said I will get them and just buys this site then bans everyone downing him.

I think he will be alright and does not care about being right I mean he is fucking rich.

Anyway I'm always right myself just sometimes the facts don't agree with me.

Anyway I saw allot of posts on here saying youtube could never make money and would get sued into the ground.

John Malones Kid

@CYLAB.CMU.EDU

Re: Mark Cuban

I can assure you that Mark Cuban doesn't care one bit about anything posted at this site.
madrhino

join:2004-07-03

I hate the NBA but.........

Jerry Stackhouse & Christian Laettner for Antawn Jamison?This guy isn't to sharp if you ask me,but he is rich.
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GTaylor
Premium
join:2002-12-14
Frisco, TX

Re: I hate the NBA but.........

Don't forget the #5 pick that was also sent to Dallas that gave him Devin Harris.

ronnie

join:2001-02-17
34. N 84.7 W
Reviews:
·Comcast

YouTube

I have noticed in the past month a large increase of ads on YouTube, and the numbers don't add up on the site either. Example: 'Most Viewed' videos are not the ones that are most viewed. There are videos there that have 20,000 less views than others on the site...I think YouTube is putting up what they think will draw more viewers.

I wish there was a tab at the top for ads...if you want to view a movie trailer, go there; let armatures have the other part of the site.
--
A good argument is spoiled when someone comes along that knows what they are talking about.

Reign
seXorcist
Premium
join:2003-05-05
Toronto, ON
kudos:1

Re: YouTube

ye
floydb1982

join:2004-08-25
Kent, WA

Didn't Google buy YouTube?

Was it not Google who bought out YouTube for $1.65 Billion? They sure screwed them self's big time.

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