Yep:
Billionaire investor and dot-com veteran Mark Cuban had harsh words Thursday for YouTube, the online site that lets people share video clips, saying only a “moron” would purchase the wildly popular start-up.
Cuban, co-founder of HDNet and owner of the NBA’s Dallas Mavericks, also said YouTube would eventually be “sued into oblivion” because of copyright violations.
“They are just breaking the law,” Cuban told a group of advertisers in New York. “The only reason it hasn’t been sued yet is because there is nobody with big money to sue.”
I’m not an expert on the economics of corporate acquisitions, but he’s correct on the copyright issue. I’m surprised YouTube already hasn’t been taken to court for this.
I recently set up a YouTube playlist, and my assumption is that every video I’ve included is technically a copyright violation. But, it will be fun for users while it lasts . . . .