Youtube will go down in internet history as one of the worst purchases EVER
 

Think about it, I know it may seem like I'm just echoing Mark Cuban but, youtube was built upon copyrighted material. I'm not trying to put it in the same category of Kazaa or Napster. But just go to Youtube and type in your favorite comedian, your going to get copyrighted stand-up footage from either HBO or Comedy Central.

But anyway, this purchase will go down as one of the grossly overpaid acquisitions EVER

How many times are you going to quit the industry?

No kidding?Tell me something new.

I don’t know if this was a bad purchase or not. From one point of view copyrighted materials could or would make it a bad purchase. But since Google and others online have already started talking deals with movie & music producers plus all the legit amateur video footage put online, it will be worth it. The data alone, all those stats, the users, countries, what they click on, what they comment/vote on, do and don’t like.. The statistical data over the next many years will be worth a lot more than they paid. Google is a statistical data center first, then a se engine and all the other bs follows.

overpaid? it was an all stock deal. Market-cap increased by more than the value of the deal. Google got PAID to buy youtube.

therefore. you are wrong.

Oh yeah, great point!

Why do you keep trying to sound like you know what you're talking about when all you do is keep proving the opposite?

Mark Cuban says it....
WOW, good point Mr. Cuban

I agree with what Mark Cuban says...
I'm an idiot

Welcome to GFY

This thread made me laugh

it wasnt all built on copyrighted material, a lot of the stuff is amateur made videos owned by people themselves.

broadcast.com was worse.

They overpaid in my opinion but it's not going to hurt them and it gets them millions of eyes a day to thier ads and they will make the money back and then some.

ummmm, go check out the site again man, ANY copyrighted material i ever came across so far, was uploaded BY THE COMPANIES...

like i watched some thing that was uploaded by CBS themselves...

https://youtube.com/watch?v=_q8LxO4wnCQ
I'm pretty damn sure HBO didn't upload this

https://youtube.com/watch?v=0O_QQtJn8hw
I'm pretty damn sure Comedy Central didn't upload this

Well, I don't know about that. YouTube will help google control more traffic, and they can afford it even if they lose money off it.

But maybe the adsens stuff will do very good? You never know..

ummmm, go check the site again man

Ah grasshopper ...

If you buy a fleet of trucks from a man who transports chickens you don't have to stick to chickens.

Ahhhhhhhhhhhhh ...

Ah grasshopper ...

If you buy a fleet of trucks from a man who transports chickens you don't have to stick to chickens.

Ahhhhhhhhhhhhh ...

Oooh - a double yolker - how appropriate.

Maybe, maybe not.

Google's market cap increased.

And, even if they have to remove some content, so what? They still have gobs of traffic.

I wouldn't bet against Google. They are smart guys.

are you really that stupid? sure you can pull a few videos posted by normal users, but a majority of them are being yanked and replaced by the original owners

https://youtube.com/profile?user=CBS
https://youtube.com/profile?user=hollywoodrec

etc...

agreed, cuban is just trying to make himself look better. many consider him to have just "won the lottery" and not had anything special with his overpaid for company.

the overpaid it..... but google will take the money back ....

You are *criticizing* Cuban for selling Broadcast.com for M O R E than what it was really worth?!

Hahahaha, that only proves he is a great businessman!

I agree it was a very stupid purchase

I think one of the main philosophies behind the purchase was simple userbase.

We've seen it before - myspace getting sold for rediculous fortunes.

Time and time again companies are learning that they CAN'T create instant communities and projects that are viral, simply because they ARE large corporations.

Google may have spent a fuckload on YouTube, but they don't care, because they can afford it. Suddenly, they've got the userbase, the infrastructure, the brand - everything - of a site, and phenomenom - internet video sharing - that has eluded every major company since broadband.

This will become a bandwagon that media companies cannot afford to miss - already seen by the smarter media firms and film companies that are posting their own content..

You could easily argue that it was bought at a perfect time, by a company that has the backing. No doubt some will see this as an oppurtunity to sue big - but google is probably one of the only companies that can successfully defend against this.

If, on the other hand, this turns into a failure - not only will it take us all back a few internet years, but it will be a loss for everyone who participates in open media sharing.

Reality is - human nature does not comform with the business models that are currently in place around media and music. Times are changing. Suddenly, there's a solution that is established, which could finally bridge that gap.

If you're simply looking at this on a $ value, then you've missed the point.

:1orglaugh :1orglaugh

lol i think google have a better idea of what they are doing with their business than someone called Platinum Lantern.

Its all about stocks :) Good sale, good purchase :)

Exactly!

pls stfu, k?

no, with regards to his comments about youtube, mark cuban is an idiot too. Do you think his opinion was objective??

Are YOU really that stupid..
go back and read my ORIGINAL post....
I said exactly what I was talking about...
I said type in your favorite comedian and your going to get copyrighted material...

Then somebody said "No, I haven't seen any copyrighted material"
Then I showed them EXACTLY what I was talking about
The fact remains that there is still a ton of copyrighted material being posted by regular users to you tube"

So yea I guess you are that STUPID

Damn I dissed the youtube purchase and people started catching feelings and getting emotional. When in fact youtube doesn't even allow porn.

So why y'all so in love with the shit?

I read that Google knew what it was getting into, and $500 million of the $1.6bn purchase was for litigation and settlements. They've been negotiating and settling just fine with major companies so maybe it won't be as bad as you think.

Look at google.com

Then look at the presence you've made on the internet.

I think they might know a little more than you.

Have a nice day.

Funny how their alexa chart has flatlined.

Your arguement is dumb as fuck....
I've been in business since 2001 so I feel I have the right to make an opinion on it......

They set out to make a search engine...
I set out to make $100 for a new pair of sneakers....
A few hundred thousand dollars later and I've learned quite a bit

it was an "ok" purchase...they might make their money back from selling DRM videos

You'll have to wait for the details to come out. $500 million of the purchase was set aside for possiblie lawsuits. They also were able to give out $50m in Google stock to some of the biggest content producers in the world to get them to shut up. The beauty of it is that they own Google stock now, and the success of YouTube will directly effect their stock.

The deal is extremely complicated guys. They didn't just hand over a check for 1.6 billion and said thanks.