Mark Kyuban about creating GooTube: this is crazy
A few hours ago, Google formalized the deal to buy YouTube for $ 1.65 billion. Representatives of the parties held a network press conference, answering journalists' questions ( audio recording ). The merger of Google and YouTube is already a fait accompli, however strange it may seem.
Numerous experts continue to analyze the reasons for buying YouTube and the consequences of this transaction. Google shares from Friday to Monday rose from $ 410.61 to $ 431.55, that is, by 5%. In other words, the market took the news of this transaction very favorably. Investors believe that buying YouTube will have a beneficial effect on Google’s business.
But the voices of critics are heard. One of the most reputable among them is billionaire Mark Kyuban , who made his enormous fortune in the era of the dot-com boom (as early as 1995, he installed a simple server for radio transmissions via the Internet, and during the dot-com boom, he sold Yahoo's startup Broadcast.com to Yahoo for $ 5.04 billion)
Mark Kyuban and earlier expressed doubts about the viability of the YouTube business, which is based on the aggregation of amateur content. According to Kyubana, business is based on copyright infringement, for which sooner or later you will have to pay.
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The billionaire did not give up his words even after it became officially known about buying YouTube for $ 1.65 billion. “I still think they are crazy, ” Mark writes in his blog , referring to Google. “Google lawyers will have a lot of work.” According to Mark Kyubana, lawsuits from copyright holders can fall one of the other. The first of them suffices, and then a whole avalanche of such suits will follow.
Interestingly, Mark says, how is Google going to assess the risks associated with copyright infringement in official SEC documents, where it is required to independently evaluate all the risks of its business. This will be an interesting reading.
YouTube video archives contain a large amount of content that was originally published by copyright holders under DRM protection, but is posted here without any protection. It happens that the same video clips are sold on Google Video and at the same time are available on YouTube for free . How will Google solve this problem? We'll see.
Numerous experts continue to analyze the reasons for buying YouTube and the consequences of this transaction. Google shares from Friday to Monday rose from $ 410.61 to $ 431.55, that is, by 5%. In other words, the market took the news of this transaction very favorably. Investors believe that buying YouTube will have a beneficial effect on Google’s business.
But the voices of critics are heard. One of the most reputable among them is billionaire Mark Kyuban , who made his enormous fortune in the era of the dot-com boom (as early as 1995, he installed a simple server for radio transmissions via the Internet, and during the dot-com boom, he sold Yahoo's startup Broadcast.com to Yahoo for $ 5.04 billion)
Mark Kyuban and earlier expressed doubts about the viability of the YouTube business, which is based on the aggregation of amateur content. According to Kyubana, business is based on copyright infringement, for which sooner or later you will have to pay.
')
The billionaire did not give up his words even after it became officially known about buying YouTube for $ 1.65 billion. “I still think they are crazy, ” Mark writes in his blog , referring to Google. “Google lawyers will have a lot of work.” According to Mark Kyubana, lawsuits from copyright holders can fall one of the other. The first of them suffices, and then a whole avalanche of such suits will follow.
Interestingly, Mark says, how is Google going to assess the risks associated with copyright infringement in official SEC documents, where it is required to independently evaluate all the risks of its business. This will be an interesting reading.
YouTube video archives contain a large amount of content that was originally published by copyright holders under DRM protection, but is posted here without any protection. It happens that the same video clips are sold on Google Video and at the same time are available on YouTube for free . How will Google solve this problem? We'll see.
Source: https://habr.com/ru/post/4500/
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