YouTube Leaves Google Vulnerable?
PreacherTom writes "Yesterday's big news was Google's $1.65 billion deal to acquire popular video hosting service YouTube. But will it be a good deal? The market thinks so, as Google's stock rose about $10 per share after the purchase. On the other hand, YouTube increases Google's risk of copyright infringement, opening the door for significant liability...if Google cannot solve this issue. Will their planned video 'fingerprinting' be enough, or just a billion dollar mistake?" From the article: "YouTube's policy is to remove copyrighted clips once alerted to their existence. Content providers say the company needs to be even more proactive ... Todd Dagres, general partner at Boston's Spark Capital, says that Google's large market cap of $130 billion makes it much more vulnerable to lawsuits than a private company such as YouTube. 'Once Google starts to apply its monetization machine, there is going to be more money at stake and people are going to go after it,' says Dagres. 'You cannot monetize other people's content without their approval.'"
You cannot monetize other people's content without their approval.
That's not what the copyright laws say. It's what the content industry wishes they would say, and takes them to mean. This is a great quote because it reveals how they really think about it.
Google Video and YouTube are the SAME THING. The only difference is that google actually takes down copyrighted video when people post it to google videos and youtube doesn't. I don't see any reason why video.google can't merge with youtube and fix youtubes problems.
Google are always getting sued so much already by different countries and organisations, do you think they'll notice?
Jonathanjk.com
since when was google afraid of copyright lawsuits? caching webpages, images, (mostly open-source-ish) code, actual books, and (some of their) videos?
i think youtube fits right in, personally.
but also, i hate the current state of our copyright laws.
All Google have to say is they'll take anything down when the copyright holder (and only the copyright holder) complains. eBay has this policy similar to this, but still kick up a fuss when they're asked to take stuff down (Live 8 tickets last year for example).
Summation 2
Next lawsuit will by Ken Livingstone for use of the word tube
You say "video fingerprinting", I say "evil bit".
</troll>
Anyway, I the article suggests Google don't know the trouble they're getting into. Well, seems they did okay with Google Video. I haven't seen them screw it up yet...
Meta will eat itself
A large market cap also allows for larger and more sophisticated legal counsel! So I guess it evens out...
Obviously Google knows there is copyrighted content on YouTube. It also knows that YouTube is what people want. Before the idea of capitalistic humility was eroded by monopolistic content producers who unilaterally decided they had consumers by the proverbial balls and would take them for all they're worth, companies actually tried to give consumers what they wanted. Google, I think, understands that. Yes, people want everything for free, but we all love YouTube. And why? Ignoring the vlogs and random jackass-style videos that everyone likes to watch, YouTube is on-demand content. It's a service that is realizable within today's technological constraints and universally desired among consumers. If Google can find a way to get the money machine going on this, the possibilities suddenly become immensely attractive.
Think about it. Would Google, which already has Google Video, go and spend 1.6 billion on a virtually equivalent service, only to end up "vulnerable" and sued?
Somehow I feel this was discussed behind closed doors, risks assessed and measured, strategy outlined. The deal proceeded despite all this.
There's simply a lot we just don't know to start discussing if YouTube leaves "Google vulnerable". And when you don't know something, it's best to wait and see, versus flap your mouth, outputting unmitigated BS in your articles.
Ummm... did someone forget that Google has Google Video??? And that it has plenty of its own copyright violations already without YouTube ever being in the picture.
You keep using that word; I don't think it means what you think it means.
Is the entertainment industry going to lobby Congress to make movies and songs into a currency?
Insisting on "correct" English is like saying that there is only one, definitive recipe for chili.
*caugh*
http://www.cgisecurity.com/2006/10/06
Believe me, if I started murdering people, there would be none of you left.
I really don't see copyright infringement becoming a huge issue with this acquisition. As another poster pointed out, Google Video removes copyrighted material from their site and as long as they enforce the same policy on YouTube, they shouldn't have too many copyright problems. However, I'm sure there will be a few grab-asses that will threaten to sue Google in an attempt to get a settlement, and if Google was smart, they'd allow the case to go to court and make an example out of them.
When the market realizes that young people switch over from one website to the next on a whim, and that you can make youtube out of slashdot out of wikipedia with just minor code changes, they will once again withdraw their money and the market will collapse. All these companies have is brands; it's a dangerous move by Google.
Religion is what happens when nature strikes and groupthink goes wrong.
Copyright holders should be more worried about people publishing wholey independent albums on sites like Lulu and the SAMPLES used on such albums. I'm not suggesting that random album has any copyrighted material on it (I had it tabbed when I was considering this post) - but it might as might thousands of others released via Lulu's publishing program... they are actually potentially SELLING copyrighted material.
Surely the evil empires would be more worried about that>
You cannot monetize other people's content without their approval
And here we have, in one choice of wording in one sentence, the embodyment of everything wrong with out entire IP system.
We need to line asshats like this need up against the wall, ASAP. Yes, YouTube hosts quite a lot of copyrighted content. Yes, Google has deeper pockets. So what?
Camwhores aside, anyone considering suing GooTube does not have the advancement of human culture in mind - Or even their own sales! They just want a quick buck via legislation rather than work. YouTube has taken what amounts to the "abandonware" of the media market, and made it popular again even in a low-quality format. Sales of cheesy 80s videos collections have skyrocketed thanks to YouTube, and at least some major labels haven't failed to notice this. But it only takes a single holdout, who considers their one-hit-underground-wonder as the single most important pile of dung on the planet, to make YouTube the next Napster.
We don't need an overhaul of IP law (and yes, I do include the whole plate of copyright, trademark, patents, and the rest in that term, quite deliberately), we need it completely done away with. We need a judiciary that has at least a basic grasp of the technology they keep making very dangerous decisions about. And we need people who talk about "monetizing" anything other than physically backed currency taken out back and shot.
IIRC, YouTube has been very busy inking don't-sue-me agreements with the major entertainment companies that will give it and now GooTube(tm) ammo when and if lawyers try to go after it - now they can say, "heck, even Universal signed on to the money train, after threatening to sue us!"
As to the 'monetizing' thing (is that like emmantizing the eschatron?) the volume of people using Google's services, even with adwords all over the place, is testimony enough that Google's doing it right.
---- You are fully entitled to my opinion.
Don't the DMCA safe harbor provisions protect google in the event of copyright infringement ? Even if it's not a clear cut case; the part about financial benefit seems to leave them a little open; it does provide material for google with it's massively deep pockets to lawyer their way out of it.
Search your logs like the web: splunk!
YouTube has just signed how many agreements with major content providers. Do you think that MAYBE, just MAYBE, Google was waiting for that to happen before buying them?
So, the question isn't even relevant. Nobody cares whether they can do it without their approval. YouTube HAS their approval, and now that Google owns YouTube, so does Google.
Any remaining content providers will quickly realize their choices are 1) spend money on long, expensive lawsuits against Google with little/no prospect of a ROI, or 2) jump on the bandwagon for practically free and make some money out of it. It shouldn't take long even for a corporate board member to figure that one out.
This is a direct quote from the Google corporate site http://www.google.com/corporate/.
"Google's mission is to organize the world's information and make it universally accessible and useful."
Webpages are but a piece of the world's information. Most of it is in print, video and audio. The problem is the various copyright collectives pretends that fair use doesn't exist, and this gets in the way of Google's stated mission.
Google is confronting the book publishers already and challenging their interpretation of fair use. The Youtube aquisition means the movies and television is next. Music is obviously down the road. Audio search is not as difficult as video search, but it is also not as sexy (The success of Youtube is testimony to our love affair with video).
Actually, as I understand the law, they don't. The "Safe Harbor" provision of the DMCA is (rightly) the subject of much criticism, but as I understand it (IANAL), in this case it works to protect YouTube/Google.
Basically, the law says that as long as YouTube takes the content down upon receipt of notification of infringement, YouTube is not liable for anything -- hence the term "Safe Harbor". The problem with this law is that it puts the onus on YouTube or the person who posted the video to prove that the video is not, in fact, infringing. This may be easy if it can be shown that the company who complained doesn't own the video, or it can be very hard if Fair Use is being argued to justify non-infringement. Basically, the only way to prove Fair Use is to go to court.
Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
I bet the code on YouTube is crap. Once Google sees it they'll get their people on it making it nice, maintainable, etc.
> YouTube's policy is to remove copyrighted clips once alerted to their existence. Content providers
> say the company needs to be even more proactive
It's already complying with the (US) law, as far as I can see. It doesn't *need* to legally be any more proactive.
Google isint breaking new ground with this move, they already have Google Video which has much the same content as Youtube (Youtube still looks awful, but better than goole video by far) and they havent been sued for content infingement yet so I dont see how aquiring youtube will expose them to litigation. There is nothing groundbreaking or revelutionary about this deal, google is all about eyeballs, they just bought YouTube's eyballs.
Quidquid latine dictum sit, altum sonatur.
I wonder whether google's lawyers have considered that even when someone submits original material that the person might not be of sufficient age to legally enter into a binding agreement of that nature.
So in other words, shares rose by about 0.07%, right?
1. Google paid 1.5% of the company in stock to purchase YouTube. Google stock jumped 5% on the news. Purchasing YouTube resulted in a profit for Google.
2. Television as we know it is dieing, and quickly. You can already watch many network shows on the web. Moving shows to the web means that networks can gather better metrics, which means better add targeting, which means higher add prices, which means fewer adds. Everybody wins. (And before you go on about greedy media companies, nobody knows better how not to kill the goose that laid the golden egg than Google).
3. Media providers were already signing up in ones and twos with YouTube. They will now fall all over themselves to sign up with the web's largest advertising company.
4. You can't be sued for hosting copyrighted content unless you have been properly notified of your infringement by the copyright holder and ignored it. No legal risk unless you bungle it.
5. With media providers signing up with YouTube to host their copyrighted content, there will be more copyrighted content available, at higher quality. You will have to sit through adds, but not as many as when you watch TV, and you can do it at your own schedule.
Google will be the largest media company in the world within 10 years. You heard it here first.
YouTube has profit sharing deals in place with CBS, NBC, UMG, Sony BMG and Warner. It seems to me that media companies would rather cooperate than litigate in this particular case.
What if the Hokey Pokey really is what it's all about?
Adwords wont have to pay youtube all that money from now on. I hope IP holders dont get the power to remove spoofs and fanfilms (ie. lucasfilms)
YouTube's policy is to remove copyrighted clips once alerted to their existence. Content providers say the company needs to be even more proactive
The law says otherwise.
Nice try, __AA.
Latewire
In the end it is all a question of leverage.
If the RIAA or MPAA or whatever had decided to agressively target youtube it would have had to either agree to some quite bad deals (=be neutered) or be dragged to court and taken down (as this kind of ligitation eats money like popcorn)
Now that Google stands behind it things have changed. Google is a heavyweight, both moneywise and in the "importance" sector - being one of the most important companies in searching and advertising and a few other sectors gives you lots of leverage in the industry. Thus RIAA and MPAA know that starting a pissing contest with Google would be quite painful indeed. And trying to out-sue Google would take long, eat lots of money with dubious results.
Thus the "content industry" will most likely try to seek a (for them) good deal with Google - which in turn means that Google there too has quit some leverage in the negotiations.
+++ MELON MELON MELON +++ Out of Cheese Error +++ redo from start +++
There are two ways in which Google could end up getting in copyright trouble:
1. Direct infringement: somebody posts a video they don't own and the copyright owner sues. This isn't a problem, so long as YouTube adheres to the DMCA notice-and-takedown provisions. The copyright owner sends an email to google, saying "You have my copyrighted content at www.youtube.com/blah/blah/blah. Please remove it," google removes it and no liability.
2. Vicarious infringement: basically, the Sony Betamax/Grokster doctrine: you have this site up there intending for people to post infringing material. So, even though your site may be used for non-infringing purposes, the fact that you intend for it to be used for infringing purposes is enough to make you liaible for vicarious infringement. BUT, google is out signing agreements with all sorts of content owners, trying to populate youtube with legitimate content. In this situation, it hardly seems that their business model relies on infringement.
There will, no doubt, be a few people who try to sue. But, as long as google doesn't mess up, those people will lose.
I think this move is quite brilliant actually. They are going to make a rival to broadcast TV with this move. Copyright issues, I don't think so. The media companies will be paying THEM to host their content. This is going to be the TV of the future with targetted ads for "On Demand" content.
If Google keeps YouTube as a separate corporation owned by Google, are they insulated from its liability?
If so, wouldn't that cap their losses at the 1.65B they are paying for YouTube?
I think Google has already pretty much any population of web users...
The way the law currently stands, Google can not be held liable as long as they take sufficient measures to prevent, and react to effeciently remove, illegal (in this case, unlicensed and copyrighted) material. YouTube, now through Google, offers a service to upload and display video on the web. Sure, there are more minor details, but that's really just it. And that's not illegal. Users may choose to upload unlicensed, copyrighted material, but it's only up to Gootube to properly police it.
Some points:
I'm against picketing, but I don't know how to show it.
What you talk about inveitably allows big business to crush the small inventor simply through throwing its weight around. IP / copyright were created to support the individual, not the business. Regardless of how they are viewed now, they still function in some way in this matter.
Sane copyright / IP law is needed, not a removal of it completely. Reform is needed, not removal.
Anyone who suggests otherwise should have their heads pulled out of their asses, then taken out back and shot. Either that or they haven't produced anything of value in their own life.
Once again, a great example of the excluded middle argument that has no basis in reality and instead is based on some wanted utopia that doesn't exist.
You guys are forgetting one very important thing. Google didn't buy YouTube because it's YouTube. Google now has licensing deals with BMG Sony, Universal Music, CBS and Warner Music Group. You can't tell me that's not worth something. You think copyright holders will insist their stuff be taken down when it's competing for licensed video content? Not bloody likely. That's like making an indie film and having it distributed with major studio releases. As a video copyright holder, why would I tell Google to take something down when it's getting the same exposure Sony, Universal and CBS are getting?
Everyone I know also uses Firefox. That's gotta mean something. Oh wait, that's right; it doesn't mean anything. I mean, anything other than everyone I know uses Firefox. It implies absolutely nothing about the market or popularity or usability or safety or anything else. And, more importantly, it ignores the MASSIVE AMOUNT OF EVIDENCE that points to the other, far more logical conclusions.
Yeah, this is flamebait, I know, but for the love of Jebus, STOP USING ANECDOTES IN ARGUMENTS. Am I the only friggin' Comp Sci person that had to take a logic class and actually remembers what Unrepresentative Sample means? Anecdotes add absolutely nothing to debates. It's almost as useful as saying "My favorite color is blue" when talking about website design.
Except they don't make "the world's information
Google isn't interested in making information available. What Google wants is to advertise anywhere anyone might possibly look.
When Google allows me to profit from Google's creations and assets in whatever fashion I so desire (rather than in the limited shared profits that Google desires) then maybe they might be able to argue that they should have the right to profit from my work in their particular fashion.
It's been reported on many a story on this subject.
Both google and youtube are protected by the ISP/forum safe harbor provisions. So long as they take down clips when served with a proper notice from the copyright provider (and I think they can choose to fight it instead) then no one can win a judgement against google. At best the content providers can sue the individual uploaders and force google to take the material down.
Now if google was forced to take down all the copyrighted content on youtube this would be seriously damaging to the site's popularity, hence the deals inked with the content providers allowing them to keep the material up on the website.
Moreover, while it is obvious that full music videos, 20 minute long clips of the daily show and similar uploads violate copyright law it is far from clear that the 3 minute long clips from the news or a TV show do. It is quite plausible that such short clips will be deemed to be fair use.
Now most likely google is going to want to play it safe and ink more deals with TV studios to host these short clips and longer ones as well. In fact the real money in this buisness (in addition to ads) is probably going to be selling TV shows and similar material much like iTunes. However, the possibility that short clips would be deemed fair use makes these court casts less appealing to copyright owners unless it is really the case that the clip on gootube is stealing viewers of their show.
Finally note that youtube was valued at 1.6b by the market even knowing all of these issues. It isn't like these were extra facts that affected the price, they were already factored in.
If you liked this thought maybe you would find my blog nice too:
Is youtube worth more than myspace?
un burrito me trampeó.
They want to test all of this in court, where they're already battling the madness of IP on many fronts.
And they have the initial graces of Warner Bros. and likely subsequent candidates for viral videos. Let the lawyers get rich.
---- Teach Peace. It's Cheaper Than War.
Sony and Universal are getting something like 50% of the Google ad Revenue that their music videos generate for Google (possibly not counting bandwidth fees). Thus, not only are they getting exposure, they are getting money (it's a win-win situation for everyone involved). Naturally, other companies would want a cut of the profits on their own copyrighted material as well. They would probably be fine if it stays up, as long as they get their 'fair share'.
You are reading a copy of my copyrighted post.
Content providers can insist that Google be more proactive in making sure that their copyrighted work isn't available. But Google could respond by also not listing those providers as highly in searches. They have no legal obligation to not give preferential treatment in search results to people who don't sue them or complain too much (at least until they lose the inevitable anti-trust lawsuit, which will take ages).
Some news sources have asked that they not be quoted on Google News, too, I've heard. I think there were even some that I'd heard of and read at the time, but I can't remember any more what they were...
Personally, I'm more worried about what would happen if Google bought the rest of the internet. As I understand it, this "you-tube" is merely the first in a series of high-profile acquisitions that, once completed, will leave google in sole possession of all our base. While many, for several, might be willing to be the first to welcome their new google overlords, I remain cautiously circumspect.
You see? You see? Your stupid minds! Stupid! Stupid!
Google has just removed themselves from the market. Sorry, it's just that simple. First off, they sunk far, far, far more into this money-pit than it could even remotely ever be worth. Second, they have -as has been pointed out- left themselves open for an absolutel insane amount of legal liability -and the pockets of the MPAA run far, far deeper than theirs.
With one unbelievably STUPID purchase, google has done what Microsoft probably could never have done...google has removed google from the game.
It's only a matter of time now.
Like how napster was legal too?
YouTube seems to contain the world's collection of video clips that would fall under the style of "America's funniest home videos" or "jackass." There are plenty of uncopyrighted clips of people doing stupid things, or particular sports of interest (biking, bogging, snowmobiling, etc). I'm sure there's a lot of copyrighted material, but there's also a lot of other stuff (even if it is kinda lame) that people share amongst friends.
Yes, I like it!
opersys@cnl.tuke.sk
Did the employees there that had 0.01% or even 0.001% stock options become millionaires/ten-millionaires?
Or did that money only go to the top in the company?
It's a good thing Google just got YouTube for nothing.
How can they make money from this purchase? Maybe they can make some money, but how really different is YouTube than Google Video?
Or did they purchase YouTube to keep someone else from getting the technology?
Here's a great idea! We're all familiar with the image flagging system on MySpace for "innappropriate material". This method enables the flagging of many more pictures than if the administrators were to seek them out themselves. Why not use "copyright flagging" on youtube in the same fashion? No incentive you say? How about a system where each user who flags a video (that ends up conflicting with the copyright) gets a 'license point'. These points can accumulate and later be used to buy copywritten videos from Google Video! In the end it's the ad revenue that pays for these licenses, but if Google wants to be responsible about preemptive measures, getting the userbase to help out seems like the best option from my vantage!
But the biggest problem with Youtube, is probably the fact that lots of things, particularly the copyrighted material, seems to be uploaded in duplicate, triplicate, even quintuplicate. Seriously, if you search Youtube for, "britney Spears hit me baby, one more time," you get at least FOUR IDENTICAL OFFICIAL VIDEOS (as well as a zillion spoofs by others making fun of Britney, which is not the problem here, IMHO). If they're going to sign agreements with getting official, copyrighted content on their site, they've really got to do something about reducing all these damn duplicates!
Oh wait, Slashdot hasn't quite figured that one out, either! Damn.
Google is going to become the new microsoft, but of the .Net era !! Doing what Microsoft done with the PCs. You Tube doesnt have to be profitable, it's a another google tool for monopoly.
p.s. : Saying that Google's share rose "$10" on reaction to the news isn't helpful. The relevance of a $10 change is dependant entirely on the share price.
Reminds me of Yahoo taking over egroups or whatever it was -- a huge, burgeoning message group community. Burgeoning largely because of its easily searchable, content-unrestricted group mechanism. Read: pr0n.
A few weeks later, people complained, and they clamped down on the pr0n. Now it's dead and largely worthless.
(-1: Post disagrees with my already-settled worldview) is not a valid mod option.
I was just thinking think of all the labor that would be saved if they just let product placements take over for ads and let any person who wants to post the show on GoogleTube. Does anyone else know of a more efficient method of distribution then a un DRM'd Video posted in a variety of different qualities on P2P networks all by fans of the show within MINUTES of the show ending?? Think about it! They may be able to get GOOD actors instead of the halfwits they have now!
Gorkman
It's not imaginary value. It's REAL value. As in, you can exchange your shares for real, actual currency. That isn't imaginary at all. Arbitrary (in pricing), yes. Imaginary, no. Stocks are no more imaginary than the dollar bills sitting in your wallet. Both are subject to others placing "value" on them and both are "worth something" as long as people believe they are worth something.
Anyway, the point the GP was making is this: They "spent" 1.5% of their worth and received back 5% of their worth when the stock moved up (as measured by the market capitalization)
This happens all the time in the stock market, especially with lawsuits. You see that a company is being sued for $1B. If they paid it - in cash - tommorrow, it would make the company $1B less valuable, right? Right. Except, when you check the stock the next day, you see it went down $10B in value (amount of daily change x number of shares outstanding).
The smarter ones of us, profit from this difference on a regular basis. Often, in the stock market, perception is MUCH worse than reality. Of course, sometimes, perception is much better than reality (Enron) so do your homework and see how it looks to you. Yea for capitalism and differing viewpoints! Without them, there'd be nobody to bet against you.
.. the RIAA?? Never heard of them.
Google has grown from a little search engine provider into the power horse we know today. They have done so by creating or aquiring new applications that people like and use and they continue to improve it. A role model for any company, they use their increasing momentum to create services that benefit their user base (such as providing Gmail users with GBs of free eMail space) while at the same time consolidating their dominance.
;)
This brings us to the flip side of a huge centralized corporate data hub, though. An example to illustrate the problem: Joe Schmoe likes to use many of Google's services, because they are neat and fun to use, nothing wrong with that per se. Joe sets his browser to remember that he's logged in, thus he doesn't need to reenter his password everytime he loads up his Google homepage or checks his Gmail account, it's more convenient that way (and isn't that what the 'remember password' feature is there for?). What this means is: Google is able to (and does) gather a humongous amount of information about him while he's online. Google "knows" what things he's searching for on the net (whether it be viagra, scientific research or just some pictures of cute pets) and at what time he is performing these searches; they "know" his exact current location (logged IP), his entire email correspondence on gMail, what kinds of videos he likes to watch, what kinds of (google) ads he responds to (by clicking on), and even to a certain extend which webpages he visits when.
It's actually quite unnerving how much information (both in terms of quantity and quality) they have about every such user. It would be possible for them to create a more or less accurate psychological profile of an 'active' user cross-reference with what appears to be his/her hobbies, habits, even daily schedules and pinpoint his/her exact location (at work or at home) at any given time he uses one of their increasing number of services. Now who or what is to guarantee this information is not going to fall into the wrong hands? What if a hacker (rogue blackhat, CIA, the Russian FSB or whatever) gains access to critical information stored on Google Servers? What if a corporation like Time Warner buys up Google (and expands its board of directors with less 'ethical' ones)? What if Google chooses to really cooperate with governments to comply with local laws put into place to fight 'dissidents' or 'terrorists'?
My point is: Google has undeniably evolved into a great suite of useful applications. They do us credit, but they could be made to serve Big Brother (or any other evil entity). And what controls are in place to make sure that this at one point in time or another is not going to happen? That they will not turn to the dark side of the force? (scnr
And when you gaze long enough into the code, the code will also gaze into you.
I do think it would be a bad thing. Think of your favourite film, and then think about how you would pay for sets, cameras, and computers for special effects. It's possible - look at Star Wreck: In The Pirkinning, but how long did it take to make, and is it really a substitute for every other film you've ever seen? Same goes for any television you may watch - how much of it would get made if you downloaded all, with no advertising?
Do you have a favourite author? Ever waited impatiently for their next novel to come out? A good writer might be able to crank out a book in three months, if they work solidly at it. Most will take roughly a year. Multiply that by at least five if they're working full-time. And if you want it published in print (Sony's eReader hasn't taken off yet), how will you pay for your material and distribution costs?
It's conceivable that the Beatles might have managed to pay for all the instruments and studio recording out of their own pocket, but then there's the outlay of capital necessary if they ever want to tour any further afield than Newcastle.
And then there's the economic argument. Why do you think promoting copyright treaties overseas is a priority for the American government? It's because America exports a vast amount of music, film and television all over the world, and the loss of these industries would severely affect America's economy and trade balance (I'm not American so this doesn't bother me, but I'm guessing that you are).
And for what benefit? So that some people can get stuff for free?
(Man, I forgot about video games. Oh well.)
And for what benefit? So that some people can get stuff for free?
I don't want everything for free, in some sort of misguided sense of personal entitlement. I want everything Free, in the RMS sense. You can call that equally misguided if you like, but I have no self-interest motive to that whatsoever. I really honestly see it as better for our culture and our species, if we don't say "Sorry, someone else came up with something too similar five years ago, even though you have the far superior idea". Even if that far superior idea deliberately derives from the previous idea, wouldn't you rather have an HDTV than a B&W tube, despite the relatively tiny incremental difference between the two?
But Free doesn't mean free. I would (and do - I own literally hundreds of CDs I've purchased either at shows or directly from the bands' websites) pay artists for their work, to encourage them to make more, even though I have absolutely no problem finding and downloading the same music for free despite copyright laws. For that matter, most of the lesser-known musicians I enjoy, I found by downloading their material for free before shelling out any cash for their CDs and/or concert.
It's possible - look at Star Wreck: In The Pirkinning, but how long did it take to make, and is it really a substitute for every other film you've ever seen?
I agree, the current copyright system makes it much easier for a lucky few to make it really, really big, thanks to the "kindness" of a major publisher/label/distributor. But on the flip side, how many truly revolutionary ideas got squashed in favor of a (really amazingly bad) sequel to a known moneymaker (eg, Star Trek IV)?
And as for whether or not more would get made to make up for the big-budget productions...
I can't speak for books, but for (visual) art and music, many people don't realize what a HUGE underground community exists. Some suck, some only mediocre, some really good. A tiny fraction of the great ones get "signed" and "make it" (and NOT the "greatest of the great", by any stretch of the imagination - Just a matter of luck beyond a certain level of skill). How would that situation change in the absence of big-daddy-Bertlesman? I really don't have the answer to that, but I can't imagine it as any less fair, to the individual artists. They (the vast majority of unsigned) would all make exactly the same playing clubs and working a day job. And the superstars? We might have more of them who make it a little less overhyped-big. We might have fewer overall. But we wouldn't have BMG to take a cut in either case. And that doesn't really bother me.
I'm not American so this doesn't bother me, but I'm guessing that you are
Yes, true indeed. I live in the US. But as much as it may surprise some people, not all Americans think only of how they can maximize their profit by exploiting others, whether on the national scale, the corporate scale, or just greedily filling our wallets with the suffering of others.
"America" means a set of lines on a globe. I don't give a damn about our economy (and apparently neither does our president - cue rimshot) if it only comes at the expense of the rest of the world. Would I walk away from Omelas? Probably not, as I consider myself a pragmatic idealist (if someone needs to suffer, better that I don't). But that doesn't make it any more right, and if a small sacrifice on my part means a much larger gain for everyone, I see that as just about the greatest "good" realizeable in the world as it exists.
How long before all those corporate contributors (the studios and shirts that are going to be providing the content that people PAY FOR) demand that videos critical of their product or industry are removed? Google buys YouTube and then GE buys Google. We'll get the same sanitized shit we're getting on 300 plus cable channels. Enjoy.
This ain't no upwardly mobile freeway This is the road to hell
Mark Cuban: "Anyone who buys that [YouTube] is a moron."
Proving that the actual morons are anyone who listens to Mark Cuban.
> Yesterday's big news was Google's $1.65 billion deal to
> acquire popular video hosting service YouTube. But will it be a good deal?
"Investors" are so in love with Google their CEO could stand on
a stage grinning and pointing a power drill into his head
and Google would go up another $10.
Ah Investors.
I think you're talking about patents here, rather than copyright. I'm not going to argue against that, because I'm neutral on that topic - I can appreciate the arguments on both sides. Copyright doesn't prevent you from copying ideas as patents do - you could write a book that is similar in plot, setting etc, and it would be legal - most copyright laws protect the right of parody, even.
Same here. Most of the music I've bought recently has been from bands I've heard on the tartanpodcast, and if these bands think that will enlarge their fan base, then good for them. I just don't think that that model should be forced upon them.
I think the problem with your proposed model is that it makes life harder for those that 'make it big' at the moment - in that they can't find the funds for the latest commercial-interest special-effects-laden plotless blockbuster - but it doesn't necessarily make anything better for the little guy, who could never break into the mainstream because he couldn't get a record deal. Well, he'll never get that record deal now, he's in the same donations-reliant position he's ever been in. And if you assume that current market forces are in effect giving the people what they want to hear (vs. telling them what they want to hear), then you have to assume that a donations-based industry would result in the same 'making it big' people receiving the donations.
"Google paid 1.5% of the company in stock to purchase YouTube. Google stock jumped 5% on the news. Purchasing YouTube resulted in a profit for Google."
That's hardly impressive. I made a 2% profit for doing nothing today: my stocks portfolio jumped 2% in value. I love this kind of math.
TheInquirer.net writes
"Finnish media company mulls suing YouTube"
But it doesn't tell the interesting backgound:
The media company is YLE, the Finlands national public service broadcasting company)
and it's Director General is an ex-Microsoft Manager. Mikael Jungner started in YLE May 1st, 2005.
YLE started accusations against YouTube just after Google bought it.
Coincidence ?
YLE has already collected negative points by creating it's own media archive and argueing falsely that it does work only in Windows Media Player.
If it is done client side, then an alternate, FOSS-type client would be created that doesn't add the ads, or makes it optional.
Also, it sounds too subtle. Never forget, television viewers are a network's secondary customers. These customers are only aquired to feed the network's primary customers, the advertisers. If the audience multiplies by ten at the same time ad revenues cut in half, then at the end of the day, the network needs only to find out why ad revenue decreased, and fixing that is a priority above everything else.