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 court.
I call it a theory because it’s completely uncorroborated. Unfortunately, the blogosphere is treating it as if it were true (despite passing nods to the lack of corroboration). I can appreciate the impulse to treat the story as fact — it’s filled with salacious details of conspiring with the music industry to sue competitors and deny artists fair compensation from settlements.
The blogosphere is a tremendous force for spreading rumors and, in some cases, disinformation — this story’s “truth” or lack thereof may well be surfaced by the blogosphere as well, given the countervailing force of self-correction.
I won’t get into the whole blogging vs/is journalism debate — let’s just leave it at this: please make sure to blog responsibly.