I have No Clue
It sucks when a Billionaire (or someone from his camp) tells a nobody (me) he has no clue. Then again I never claimed to have one 
. All I have ever claimed was logic. (But at least he responds to comments… that in it of itself is interesting.)
So Mark ‘thing up his ass for YouTube/Googe’ Cuban writes a post claiming the Old Media venture (a wannabe blend of Joost/YouTube) is a GREAT idea. (article)
Why is it so Great? What has Old Media ever done, in the Internet space, which was GREAT and allows Cuban’s argument to hold any water? And why should people/investors believe now they are going to be great at this? (The only caveat I will throw in to these questions is MySpace. But, and a BIG BUT, is that News Corp bought MySpace after the foundations for traffic growth were well on their way. And the best thing NWS did was to not fuck with the vision of its creators.)
So, other than MySpace, what revolutionary concept or idea or website did Old Media create or even improve upon? What great innovation did they accomplish within the Internet space, let alone video over the Internet?
What kind of leverage is this site going to have when its content can be viewed else where, and its audience is ZERO?
No matter how great this new venture is… ultimately the venture itself is irrelevant because content needs to be viewed. Content needs an audience or it is worthless.
Content providers still do not get it. Content providers need to go to the audience, the audience will not come to them. But here they are creating a ‘me too’ site when plenty of other options already exist. So not only are they NOT yet going to the audience, they decide to increase their spending on designing the site, maintaining the site, marketing the site, selling ads space through the site.
So they are going to take on all these added responsibilities, when there are plenty of options already out their for web distribution.
Oh, but I know of one option that they do not like… a video site w/an established audience.
Cuban… lick my ass. (And everyone knows Google’s Video search is lacking, that is no secret. But their general search will remain healthy.)
