The YouTube Killer.
Posted on June 18th, 2008 by Simon ChenAt least that’s what Mark Cuban thinks.
Except for one thing. Hulu is co-owned by NBC and News Corp, 2 companies with zero heart and zero soul. So when Google comes along and offers them a wad of cash - they’ll have to consider it.
It’s not like there’s a 23 year old at the helm.
They raised $100 million out of the gate, and the management team looks like a poster ad for Harvard University.
Pity that we can’t view the content here in Australia. Hulu’s licensing pact only applies to the USA at present.
Mark Cuban is a smart bastard. His blog post makes sense.
For a video on Mark, here’s the footage of him at Blogworld last year in Vegas. Clearly one of the highlights of the event.
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June 19th, 2008 at 7:13 pm
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June 23rd, 2008 at 12:02 am
nice blog mate
I like your ideas!
keep up the good work!
Cheers Banjo
June 24th, 2008 at 6:19 pm
Mark Cuban is dreaming. He has had a bee in his bonnet about Gtube, for a while…kinda old news…
Yes he has got the odd billion or two after his name, however one could argue that, his luck was in the timing…He sold at the right price and got out at the right price…newer entrants were not so lucky…
So for him to come out and bag Gtube this early in the piece is way too rich..
Yes YouTutbe has been out for a while and yes they are having issues, monetizing at the present…however…we are kinda moving into phase 2 of User Generated Content…
It is still early days people…
June 25th, 2008 at 2:42 am
Pyrmont, don’t you think a lot of the success we see online (and off) is all about the timing? I agree, Cuban was lucky to sell Broadcast.com to Yahoo! when he did for $5.9 billion (in stock). He perhaps was also lucky to divest his holdings when he did. He may be considered by some in the industry as a maverick, but he’s street-smart and knows how to build and then sell businesses.