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Guba CEO steps down, says more execs may follow.
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fyi: a search for Guba did not yield anything about this on GFY, so i'm sorry if this is a dupe. :) |
They think they are competing with YouTube? There is a CEO that is completely out of touch with reality. GUBA is in the content theft business.
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guba who?
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Very interesting development, they had signed a major deal just a few months ago with Sony to distribute their videos.
http://www.techcrunch.com/2006/07/10...d-sony-videos/ DH |
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The company appeared to have strong links to Hollywood studios when Warner Bros. Entertainment and Sony Pictures agreed this summer to allow the company to offer their movies for download. Instead, Sony opted to acquire rival Grouper in August for $65 million. so it looks like they blew the sony deal. |
This is where the "executives" discover that trying to run a legit and legal business that isn't dependant on stealing content isn't exactly as profitable as they expected.
Maybe they can sell out to Napster and come back as a mostly ignored pay service? |
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they said months ago they were buying all their adult content, yet i looged in today and found tons of stolen stuff still. my position remains the same. fuck them.
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