Inside the chest of Megaphone Mark Cuban beats the heart of a frustrated journalist, I think. After all, not only has he started Sharesleuth.com, which does investigative journalism of a sort (which Mark gets to trade on before it is released to the public) but his latest post on the shadowy details of the Google-YouTube negotiations suggests that he knows a good story when he sees one — and is more than happy to pass it on regardless of whether it passes the smell test or not.

Okay, that isn’t really journalism, but it’s pretty close to what passes for the real thing in a lot of circles — including some newspapers I could name. And why not run with it? After all, Mark specifically said (without punctuation, for some unknown reason): “I cant say this has been fact checked. It hasnt. I cant say its 100 pct accurate, I dont know. But it rings true, and as I said, I trust the source.” Hey, if it’s good enough for Mark it should be good enough for us, right?

gootube

The only problem is that much of it doesn’t ring true. As it happens, I read the same description on the Pho list, and while some of it sounded perfectly plausible — the six-month grace period given to Google, the structuring of the deal with the music labels as equity so that they could avoid having to pay artists, and so on — I would have to agree with Don Dodge (who used to work at Napster) that the part about getting the labels to sue Bolt and Grouper to somehow take the heat off doesn’t make any sense at all.

Someone else on the Pho list had a similar response to the “industry insider’s” description of what happened: “I would say the bit about piling on lawsuits against competitors to YouTube is wildly unlikely as an agreed-upon strategy,” this knowledgeable person said. “If true, it is certainly unlawful and potentially criminal… and there are just too many good, smart lawyers at UMG, YouTube’s backers and at Google to permit that kind of arrogant lame-ass conduct to occur.”

Not only that, but this person pointed out that such lawsuits could easily wind up setting an unfortunate precedent for Google, which makes it even more unlikely they would support such a strategy. Still, aren’t conspiracy theories fun?

About the author

Mathew 2414 posts

I'm a Toronto-based former senior writer with Gigaom and my favorite things to write about are social technology, media and the evolution of online behavior

5 Responses to “Mark Cuban tells a nice story, but…”
  1. […] As Dan Blank and Mathew Ingram point out, it doesn’t matter that the theory “rings true” — it could all be entirely made up. […]

  2. […] … well, some other learned indivduals feel that the story is probably a combination of truth and heresay, and that Google/ UMB lawyers are “too smart” to be involved in such shennigans, and there are probably very good reasons for what’s happened (suing YouTube’s competitors). […]

  3. […] Also read Dan Blank and Mark Ingram. They are all addressing this post by Mark Cuban. […]

  4. […] search by your favourite tags Linkinfo: http://www.blogmaverick.com/2006/10/30/some-intimate-deta…  the buzz  flickr wall  tag cloud   wikirefs  Don’t like this? Too ugly? Too orange?Click to try the new style chuquet… (temporary url – catch it while you can!)  about  submit  NOT beta!  http://www.blogmaverick.com… InsideGoogle, 5 hours agoCuban’s Info On The Google/YouTube Deal — "Google’s purchase of YouTube is looking to be the deal that defines this digital era (just as the AOL/Time Warner and AOL/Netscape could be said to be major flashpoints in the last two major tech industry periods). "Corante Technology Hub, 7 hours agoLinks for 2006-10-31 [del.icio.us] — "Some intimate details on the Google YouTube Deal – Blog Maverick Some of this is based on talks with people involved and some is speculation based on my experience working in the industry, negotiating settlements and battling in court. Use the Yahoo! Sign In to join – it’s easy as pie « foodha for thought – menuism blog we’ve added the ability to sign up and log into Menuism with your Yahoo! […]"business2blog, 8 hours agoLinks for 2006-10-31 [del.icio.us] — "Some intimate details on the Google YouTube Deal – Blog Maverick Informative fiction (and it might even be true!) "Discourse.net, 9 hours agoGoogle-YouTube Deal Structured to Screw Authors? — "It’s an anonymous source, but a pretty plausible sounding story. As recounted at Blog Maverick, Some intimate details on the Google YouTube Deal, the Google buy of YouTube was heavily driven by copyright concerns."mathewingram.com/work, 9 hours agoMark Cuban tells a nice story, but… — "Inside the chest of Megaphone Mark Cuban beats the heart of a frustrated journalist, I think. After all, not only has he started Sharesleuth.com, which does investigative journalism of a sort (which Mark gets to trade on before it is released to the public) but his latest post on the shadowy details of the Google-YouTube […] "Waxy.org Links, 9 hours agoAnonymous insider’s details on the YouTube deal — "fascinating read about collusion between Google and the major media companies "Valleywag, 11 hours agoLoose Wires: Redditology — "Behind the deal, volume V: How much did Wired pay for Reddit? One commenter: “If the alien waves, over 5 million.” Another: “Tired: Asking how much Reddit was bought for. Wired: Buying Reddit yourself.” [Reddit]Disclosure: Apparently Reddit cut a deal to license its voting system to Valleywag’s parent company."John Battelle’s Searchblog, 14 hours agoBetween the Sheets — "Blog Maverick reports ‘some intimate details of the Google YouTube deal’, based on an anonymous source. Assertions, from the supposedly well-informed note, include: * About $500 million of the 1.65 billion purchase price was earmarked to fight and settle copyright suits, as a large but not uncommon liabilities patch…."Geek News Central, 14 hours agoGNC-2006-10-31 #212 — "Lots of content and some must read linked articles. I explain to one listener why I do not do an enhanced podcast."Google Blogoscoped, 14 hours agoBackground on YouTube Acquisition — "Blog Maverick posted a little rumored background on the Google/ YouTube deal. It’s playing out a bit like a Mafia movie."PVR Wire, 18 hours agoThe dirty hidden dealings of the Google-YouTube deal (PVR Wire) — "Mark Cuban has posted a brilliant article which he received from one of his well trusted unnamed business friends about the Google-YouTube aquisition. "Publishing 2.0, 21 hours agoYouTube, Google, and Rumors vs. Truth in the Blogosphere — "Mark Cuban posted an interesting theory about the YouTube/Google deal from an “anonymous author.” The self-described “experienced veteran in the digital media business” characterizes the theory like this: Some of this is based on talks with people involved and some is speculation based on my experience working in the industry, negotiating settlements and battling in […] "Ho John Lee’s Weblog, 1 day agolinks for 2006-10-31 — "NAND vs. NOR flash technology – Electronic Products An overview of differences between NAND and NOR flash memory and their applications."Nelson’s Linkblog, 1 day agoAnonymous insider’s details on the YouTube deal — "fascinating read about collusion between Google and the major media companies "tech.memeorandum, 1 day agoSome intimate details on the Google YouTube Deal (Mark Cuban/Blog Maverick) — "Some intimate details on the Google YouTube Deal — I first saw this posted on the Pho List. A media related list that I have participated in for years with lots of smart people with great insights."Scripting News, 1 day agoJim Jagielski: ApacheCon US 2006 Nuggets — "Now that I’m back (I flew back Friday nite, but both Saturday and Sunday were packed with family stuff), it’s time to post some neat little nuggets regarding the ApacheCon US 2006 Conference. In no particular order, although the 1st one is pretty freaking important: The ASF Sponsorship ProgramOn Wednesday, I […] "Techdirt, 2 days agoRecord Labels Not Planning On Sharing YouTube Windfall With Musicians — "Sure, YouTube might have a good legal defense to anyone who sued them for copyright infringement, but the lawsuits would still be pretty pricey. Not surprisingly, that was part of the sticking point in the negotiations between YouTube and Google before Google finally finally pulled the trigger."homeaboutsubmit© 2006 chuquet – all rights reservedvar site=’s20chuquet’ 1,609 […]

  5. […] As Dan Blank and Mathew Ingram point out, it doesn’t matter that the theory “rings true” — it could all be entirely made up. […]

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