Saturday, June 6, 2009

Mark Cuban Blames Google for the Dead Internet Video Business

From The Business Insider

May. 28, 2009, 8:14 AM

Mark Cuban is known for his bold moves in the film business. HDNet, Magnolia, 2929 and Landmark Theaters are his traditional and not so traditional film companies. He sold his company MicroSolutions to Compuserve in 1999. In this interview with Walt Mossberg and Kara Swisher, he says "Internet video is dead" -- and it's mostly Google's fault when it bought YouTube with no monetizing plan, only for the sake of ubiquity, and it is now subsidizing bandwidth for the world.


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