Chat about anything Tech related. Digital TV, the Internet, Programs, Camera's, Phones, Ipod's and more!
User avatar
Cecil B DeMille Life Time Achievement
Posts: 24363
Joined: Tue Jan 29, 2002 2:01 am
Cash on hand: 17,131.40
Bank: 4,041.00
Location: Melbourne, Australia
Mood: Tired
PostPosted: Sun Oct 01, 2006 10:02 pm
[quote:0d0076a613=""][b:0d0076a613]YouTube is 'toast'[/b:0d0076a613]
[i:0d0076a613]September 29, 2006[/i:0d0076a613]

Billionaire investor and dot-com veteran Mark Cuban had harsh words on Thursday for YouTube, the online site that lets people share video clips, saying only a "moron" would purchase the wildly popular start-up.

Cuban, co-founder of HDNet and owner of the NBA's Dallas Mavericks, also said YouTube would eventually be "sued into oblivion" because of copyright violations.

"They are just breaking the law," Cuban told a group of advertisers in New York. "The only reason it hasn't been sued yet is because there is nobody with big money to sue."

YouTube, based in San Mateo, California, specialises in serving up short videos created by everyday people. Its popularity, with more than 100 million video showings daily, has spurred speculation the firm will be sold or taken public.

But YouTube has also come under scrutiny because users often post copyrighted material, including music videos produced by well-established artists.

YouTube company representatives were not immediately available to respond to Cuban's comments.

Cuban said "anyone who buys that (YouTube) is a moron" because of potential lawsuits from copyright violations.

"There is a reason they haven't yet gone public, they haven't sold. It's because they are going to be toasted," said Cuban, who has sold start-ups to Yahoo and CompuServe.

YouTube, which has nearly one-third of the US web video audience, three times that of Google, or twice that of News Corp's MySpace, has been working on signing licensing deals with music companies and TV networks to ensure they are paid when users view their content.

This month YouTube unveiled its first deal to distribute music videos legally from a major music company by agreeing a deal with Warner Music Group, home to pop stars James Blunt and Madonna.

In other remarks, meanwhile, the often-controversial Cuban also told advertisers that the reach of YouTube is limited, particularly when it comes to user-generated videos.

"User-generated content is not going away," he said. "But do you want your advertising dollars spent on a video of Aunt Jenny watching her niece tap dance?"

"Somebody puts up something really good and you get, what, 60,000 viewers?" Cuban added during the event at Advertising Week in New York.

YouTube now offers advertising through banner ads, promotions and sponsorships. It has said it plans to roll out a range of different advertising options over the coming year.

Cuban cautioned advertisers against investing heavily in so-called viral campaigns that are spread by users beyond their initial point of distribution on YouTube or other video sharing sites. But he touted opportunities to run commercials on high-definition television such as his HDNet network.

"What makes viral so special is it's so hard to do. It's so hard to plan. It's hard to stand out," he said, describing 99 percent of money advertisers spend on viral campaigns as "wasted."

"You guys love to be the trailing edge," he said.[/quote:0d0076a613]
User avatar
Cecil B DeMille Life Time Achievement
Posts: 24363
Joined: Tue Jan 29, 2002 2:01 am
Cash on hand: 17,131.40
Bank: 4,041.00
Location: Melbourne, Australia
Mood: Tired
PostPosted: Fri Oct 13, 2006 12:13 pm
[quote:7887efc958=""][b:7887efc958]YouTube millionaires front camera[/b:7887efc958]
[i:7887efc958]Bob Keefe
October 12, 2006 - 10:39AM[/i:7887efc958]

WHAT does an instant millionaire look like? In true new-media fashion, the co-founders of YouTube showed the web world with a video they posted - on, of course - shortly after announcing a $US1.65 billion ($2.2 billion) deal to sell their company to Google.

In the 96-second clip, Chad Hurley and Steve Chen start out with businesslike talk about the benefits of the deal. But soon they break down in giddy laughter as they refer to YouTube and Google as "internet kings".

"The king of search and the king of video have gotten together," Hurley says between chuckles, and after a roll of the eyeballs from his partner. Riffing on Burger King's slogan, he adds, "We have it our way."

The story of YouTube and the coronation of its founders as the internet's latest royalty is a classic Silicon Valley tale that seems almost like a re-run of its new owner's story.

Like Google founders Larry Page and Sergey Brin a few years ago, Hurley and Chen are young, relatively unknown tech entrepreneurs who started in a Silicon Valley garage and rapidly found fame and fortune by discovering what would become the next big thing on the internet.

"This really reminds me of Google just a few short years ago," Brin said in a media conference call announcing the deal on Monday.

Hurley, 29, Chen, 28, and another partner, Jawed Karim, met while they were employees at another internet success story, the online payment system PayPal. Karim left YouTube to pursue an advanced degree at Stanford University.

At a January 2005 dinner party with other friends at Chen's home in San Francisco, they started comparing digital home photos and movies from the holidays.

Later, when they tried to share them electronically, they realised it was easy to send digital photos by email, but much harder to do the same with digital video. An idea was born.

Soon, the three founders began huddling together in true Silicon Valley fashion in the garage of Hurley's Menlo Park, California home. They started working on software to make different video formats more compatible and a website where they could post and share their home movies.

In May 2005, they launched a simple test version of the site, and within months had attracted tens of thousands of users.

They also attracted the interest of an old friend from PayPal. Roelof Botha was chief financial officer when the YouTube three worked there, and went on to become a partner in Sequoia Capital.

At Botha's suggestion, Sequoia in November 2005 gave YouTube its first venture capital, $US3.5 million worth, allowing the company to incorporate and formally launch its business.

Last April Sequoia gave YouTube another $US8 million to speed its expansion.

From there, YouTube had no place to go but up. Today, it's the internet's No. 1 spot for sharing videos, handling some 100 million short clips every day. Soon, it will be part of Google's expanding online empire.

It's unclear exactly how rich the newest members of internet royalty will be. There wasn't any cash involved, only Google stock, which provides tax advantages for the YouTube twosome.

A big chunk of the proceeds - $US495 million by some estimates - will go to Sequoia Capital.

Still, with Google stock currently trading around $US425 a share, there's little doubt that Hurley and Chen will be laughing all the way to the bank.

On Tuesday, in reaction to the founders' giddy online message - and as further affirmation of the changing media times - thousands of YouTube users weighed in with their own videos and e-mailed responses.

Many of the messages offered congratulations, but some suggested that the newest dot-com millionaires do something to "pay back the society."

One mini-movie with a driving sound track, called "We're going to get rich!" suggested that everybody who had ever posted a video on the site would get a share of the $US1.65 billion sales proceeds.

A user called "HelloRodney" posted a 12-minute "video blog" suggesting that he and others were "pawns" for supplying YouTube with the content that created the internet "kings".

And then there was the clip from Renetto, a user from Ohio, who congratulated the duo not for their mega-deal, but for something he joked was even more historic and monumental: the founders figuring out how to use their own technology.[/quote:7887efc958]
User avatar
Short Film Star
Posts: 430
Joined: Sun May 15, 2005 1:16 pm
Cash on hand: 0.00
Location: Melbourne
PostPosted: Tue Oct 24, 2006 1:11 pm
yea, im a user :P looking out for music videos, new songs, past time tv, bloopers, interviews, episodes i missed etc. althought like 60% of the time i do go on, its cos a friend tells me to check one of the vids out
[color=whiteb5][/colorb5][ib5]{ Will - I'm here, shes here, we made it!}[/ib5]
User avatar
Oscar Presenter
Posts: 1070
Joined: Sat Feb 21, 2004 9:44 pm
Cash on hand: 533.50
Location: Brisvegas
PostPosted: Tue Oct 24, 2006 1:27 pm
After watching the last couple of news stories on YouTube, I don't really understand the appeal of a lot of the videos. I do occassionally go to the site for clips from shows and fanvids, but people showing off on their webcams does not interest me at all.
The user formerly known as Nahemah
Meme Me - My Shop
TV Babble - My Blog

Hollywood Supporting Cast
Posts: 827
Joined: Mon Nov 13, 2006 3:28 am
Cash on hand: 0.00
Location: Kallangur, Qld
PostPosted: Mon Nov 13, 2006 1:07 pm
youtube isnt too bad i just use it to watch music vids
User avatar
pixel wrangler
Posts: 4165
Joined: Thu Sep 09, 2004 7:02 pm
Cash on hand: 3,193.50
Bank: 0.00
Location: QLD
Mood: studious
PostPosted: Mon Nov 13, 2006 1:37 pm
[quote:5e8918f7af="Xfactor"]... i usually only find myself on youtube because someone else had posted a funny video link from the site.[/quote:5e8918f7af]

That's pretty much how I end up there too. I'm usually checking out the 'trailer' videos made by small game studios & film production companies.

Or sometimes someone posts a clip from a really old show you remember from years back.
User avatar
Hollywood Legend
Posts: 3808
Joined: Wed Jun 08, 2005 5:17 pm
Cash on hand: 2,155.80
Location: Perth!
PostPosted: Mon Nov 13, 2006 2:08 pm
I use YouTube quite a bit, mainly for watching rewatching promos of shows with ease, and also as a quick reference for any past scenes of shows im looking for!
User avatar
Oscar Winner
Posts: 3083
Joined: Wed Oct 12, 2005 6:14 am
Cash on hand: 1,356.30
Location: Sunshine Coast , QLD
PostPosted: Wed Nov 22, 2006 3:38 pm
I just uploaded my first video on youtube:
User avatar
Cecil B DeMille Life Time Achievement
Posts: 4990
Joined: Sat Mar 19, 2005 8:56 pm
Cash on hand: 2.50
Bank: 6,681.00
Mood: not sure
PostPosted: Sat Dec 09, 2006 5:03 pm
Is anyone else getting 5 or so spam messages [b:13c394ad1e]EVERY[/b:13c394ad1e]day?
It's pissing me off, almost to the stage of closing my account! :( :( :(

User avatar
Cecil B DeMille Life Time Achievement
Posts: 6967
Joined: Thu Sep 28, 2006 7:17 am
Cash on hand: 47.50
Bank: 2,919,109.00
Location: Sydney
Mood: lost the plot
PostPosted: Sun Dec 10, 2006 4:30 am
What have you been watching? ;)
Nope, no spam for me. My inbox is clean . . . and empty. xD
1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 44, 68, 27, 35, 42, 58, 47, 63, 85, 74, 67, 66, 51, 79, 42, 24, 45, sixty-ten, 6, 7, 56, 65, 44, 53, 44, 17, 13, 23

Return to Technology

Who is online

Users browsing this forum: No registered users and 1 guest