6683 1 3 econsultancy_xml <p>The founder of <a href="http://web.archive.org/web/19981201183119/broadcast.com/about/">broadcast.com</a>, who made billions when it was sold to Yahoo!, told a group of advertisers in New York yesterday that any buyer laid themselves open to a barrage of copyright lawsuits.</p> <p>According to <a href="http://today.reuters.com/news/articleinvesting.aspx?view=CN&amp;storyID=2006-09-28T200928Z_01_N28230044_RTRIDST_0_MEDIA-YOUTUBE.XML&amp;rpc=66&amp;type=qcna">Reuters</a>, Cuban said it was a matter of time before YouTube was “<em>sued into oblivion</em>". </p> <p>"<em>They are just breaking the law. The only reason it hasn't been sued yet is because there is nobody with big money to sue.</em>"</p> <p>In his <a href="http://www.blogmaverick.com/">blog</a>, the investor compared YouTube’s current situation to Napster’s, before the record labels caused the P2P song-swapping service’s fall from grace. </p> <p>“<em>Considering the RIAA will sue your grandma or a 12 year old at the drop of a hat, the fact that Youtube is building a traffic juggernaut around copyrighted audio and video without being sued is like.... well Napster at the beginning as the labels were trying to figure out what it meant to them.</em>”</p> <p>YouTube’s success has prompted a flurry of rumours about a possible listing or buyout, with figures of $1bn and above being mentioned.</p> <p>However, in July it emerged it was being <a href="http://mashable.com/2006/07/18/youtube-sued/">sued by journalist Robert Tur</a>, whose coverage of the beating of Reginald Denny during 1992's LA riots had been posted to the site.</p> <p>Meanwhile NBC has totally changed its stance with regards to YouTube. Initially NBC played hardball over the hosting of its 'Lazy Sunday' skit, but <a href="/blog/042-youtube-and-nbc-jump-into-bed-together">the media group subsequently ironed out a favourable deal</a>. </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>The founder of <Link URL="http://web.archive.org/web/19981201183119/broadcast.com/about/" Window="New">broadcast.com</Link>, who made billions when it was sold to Yahoo!, told a group of advertisers in New York yesterday that any buyer laid themselves open to a barrage of copyright lawsuits.</Paragraph> <Paragraph>According to <Link URL="http://today.reuters.com/news/articleinvesting.aspx?view=CN&amp;storyID=2006-09-28T200928Z_01_N28230044_RTRIDST_0_MEDIA-YOUTUBE.XML&amp;rpc=66&amp;type=qcna" Window="New">Reuters</Link>, Cuban said it was a matter of time before YouTube was “<Quote>sued into oblivion</Quote>". </Paragraph> <Paragraph>"<Quote>They are just breaking the law. The only reason it hasn't been sued yet is because there is nobody with big money to sue.</Quote>"</Paragraph> <Paragraph>In his <Link URL="http://www.blogmaverick.com/" Window="New">blog</Link>, the investor compared YouTube’s current situation to Napster’s, before the record labels caused the P2P song-swapping service’s fall from grace. </Paragraph> <Paragraph>“<Quote>Considering the RIAA will sue your grandma or a 12 year old at the drop of a hat, the fact that Youtube is building a traffic juggernaut around copyrighted audio and video without being sued is like.... well Napster at the beginning as the labels were trying to figure out what it meant to them.</Quote>”</Paragraph> <Paragraph>YouTube’s success has prompted a flurry of rumours about a possible listing or buyout, with figures of $1bn and above being mentioned.</Paragraph> <Paragraph>However, in July it emerged it was being <Link URL="http://mashable.com/2006/07/18/youtube-sued/" Window="New">sued by journalist Robert Tur</Link>, whose coverage of the beating of Reginald Denny during 1992's LA riots had been posted to the site.</Paragraph> <Paragraph>Meanwhile NBC has totally changed its stance with regards to YouTube. Initially NBC played hardball over the hosting of its 'Lazy Sunday' skit, but <Link URL="/blog/042-youtube-and-nbc-jump-into-bed-together" Window="New">the media group subsequently ironed out a favourable deal</Link>. </Paragraph> </FormattedContent> 2006-09-29T10:48:00+01:00 0 1 econsultancy_xml <p> <strong>Dotcom billionaire Mark Cuban is one person that can be ruled out of the bidding for </strong> <a href="http://youtube.com"> <strong>YouTube</strong> </a> <strong> – he has reportedly said that only a “<em>moron</em>” would purchase the video-sharing site.</strong> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Dotcom billionaire Mark Cuban is one person that can be ruled out of the bidding for </Emphasis> <Link URL="http://youtube.com" Window="New"> <Emphasis>YouTube</Emphasis> </Link> <Emphasis> – he has reportedly said that only a “<Quote>moron</Quote>” would purchase the video-sharing site.</Emphasis> </Paragraph> </FormattedContent> false 285 <p>For stats relating to online video, see Econsultancy's <strong><a href="http://econsultancy.com/reports/technology-adoption-statistics">Technology Adoption Statistics Compendium</a></strong>.</p> <p>For stats relating to online video, see Econsultancy's <strong><a href="http://econsultancy.com/reports/technology-adoption-statistics">Technology Adoption Statistics Compendium</a></strong>.</p> 361763 Mark Cuban: only a 'moron' would buy YouTube false 2006-09-29T11:28:00+01:00 mark-cuban-only-a-moron-would-buy-youtube 2009-04-28T22:34:04+01:00 2009-10-13T08:37:05+01:00 491