Cuban on YouTube: “A Disaster Waiting to Happen”

Cuban_5.28.JPGAt the All Things D conference in Carlsbad, CA billionaire Mark Cuban did not have good things to say about Internet video and says YouTube specifically is turning into a bandwidth killer.

Cuban in an interview at the conference says Google’s YouTube is “literally subsidizing bandwidth for the whole world.” He called it “a disaster waiting to happen.”

“Mark Cuban’s a colorful guy and he’s entitled to his opinions, even if we disagree with them,” a Google spokesperson tells the WSJ.

“I think its a real disappointment to see where Internet video has come,” Cuban said during his All Things D appearance, noting the industry still doesn’t have advertising standards.

Cuban gave a shout-out to YouTube competitor Hulu for keeping an eye on the bottom line. “Hulu has done some great things and they are focused on monetization,” he said, adding “they have some big pockets that they have to appease.”

Related Stories
Mediabistro Course

Content Marketing 101

Content Marketing 101Almost 60% of businesses use some form of content marketing. Starting December 8, get hands-on content marketing training in our online boot camp! Through an interactive series of webcasts, content and marketing experts will teach you how to create, distribute, and measure the success of your brand's content! Sign-up before November 10 to get $50 OFF with early bird pricing. Register now!