you can't overstate the importance of being to the market first. sure youtube.com is easy to be copied. so what? yahoo was just a link portal to other sites to start. there are a billion of those now, but they weren't first. i didn't read what cuban said about the partnerships youtube is starting with time warner and others for licensed content, but those seem promising - especially if it ultimately leads to a deal for paid downloads to compete with itunes.
It is a good point, but when we are talking about possible copyright infringement, it is better to be 2nd or 3rd. Look at Napster where it is today, and look at other similar services that learnt from the example...Limewire (still the best today) still hasn't been sued, although Kazaa was....
Some awesome posts contained in this thread. An increasing rarity. Remember the old axiom, "if you can't be first, be best and if you can't be best, be first." It's never easy TAKING AWAY market share. Of course AOL certainly tests the validity of that statement.........
you know what percentage of videos on myspace are from youtube? i'll give you a hint, it's higher then 60. :eek: edit: they don't look at the source of the video stream, they look at the context it was viewed in. still has the youtube logo on the screen though.
This is getting interesting. The question is, in this case who gets the credit and the advertisers' money? Can't you just put the Youtube content on your website for free? I think you can, (at least people posted here on ET Youtube videos) thus it seems to me that Youtube is being ripped off...
I respect Mark Cuban because he is a billionaire. . ., however, you have to remember that he simply sold a website in an era where companies like Yahoo were willing to pay the sky for them. If Mark Cuban were to sell broadcast.com today how much would he really get for it? When I type broadcast.com, I simply get redirected to yahoo. So Yahoo really paid all that cash for nothing. . .I believe Mark Cuban is as smart as those people who purchased homes before 2000. Those who purchased homes were simply lucky and they were in the right place at the right time. Its most notable that Mark Cuban had stated in 1999 that he saw MP3s as a passing fad. Here is the link: http://www.techweb.com/wire/story/TWB19990311S0006 The bottomline is that I tip my hat off to Mark Cuban and his success. However, I think much of his success is owed to being in the right place at the right time. He sold what appears to be a useless site to Yahoo. Yahoo doesnt use broadcast.com anymore. Its the same as if you were just lucky enough to be in RIMM when it was at 5 and decided to hold. You simply were in the right place at the right time.
There is another reason YouTube is CRUSHING their competitors... YouTube never tells people what to do... No special software... no picky rules... The ONLY thing strictly off limits is nudity and explicit sex... Any amount of swearing and violence is OK. You cannot compete with total freedom and zero cost... Just because you have higher definition. The HD players are just slicing up the 5-10% snob elitist pie... The same geeks that were buying $5,000 quad stereos in 1976. In the 3 months since I discovered YouTube... I have actually posted 47 videos on YouTube and have had 65,000 views... All of which is copyrighted one way or another. I have been contacted by 3 artists: (1) Walker Lamond of the DA Pennebaker firm wanted to send a better quality clip to post. (2) Ian Hunter's daughter contacted me... To say she was going to link to one of my Hunter clips on her web site. (3) Only Vincent Gallo through the DMCA pulled ALL his stuff off YouTube. Gallo's career is in a death spiral since "Brown Bunny"... And the dumbest possible thing this idiot could do... Is pull all that free advertising off YouTube. Do you have any idea what king of momentum is necassary... To push a site from #19 to #10 in Alexa rankings in last 2 months? Most importantly... It's been great for my trading... had a blowout summer.
Cuban is smart... he just lies all the f*cking time to make more money. MySpace is losing a ton of money... They have 100,000,000 users and paid $6/user. So far they are only bringing in $2/user in revenue. No one knows if the MySpace model can actually be profitable... It's a BIG question mark... It took 6-7 years to prove that the Amazon model can be profitable.
HoundDog is not joking around, he is all over this stuff like a boykin spaniel. Great stuff, I see your nick fits you well. All I know is that Zuffa Entertainment (you know, UFC) gets the fight videos pulled REAL QUICK from youtube, so apparently there is some serious copyright protection. And tons of people tape the events and then put it up. Lately they have been lasting less than an hour. So obviously Zuffa been busting some balls and Zuffa is a small company. However, people put together clip montages of fighters and those videos stay up and are favored in the searches. So just as HoundDog was saying, youtube is a great source for free advertising. Cuban is gonna make some money on this, no doubt.