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Cuban sees continuing small role for Web video

FROM MCN: Maverick media pioneer calls genre 'a real disappointment'

By Gary Arlen of Multichannel News -- Video Business, 5/28/2009

MAY 28 | FROM MCN: Video on the Web "has been a real disappointment" and American will continue to do the vast majority of their viewing on TV sets -- especially high-definition and future 3D equipment, Mark Cuban said at The Wall Street Journal's "D7: All Things Digital" conference.

"Video on the Internet has become a testing ground for media that actually have revenues," said the maverick Web video pioneer, who made billions when he sold his Broadcast.com service to Yahoo a decade ago.

Cuban cited a show called "Svetlana" that his company is developing for his HD-Net channel. He said that it is being tested on the "FunnyOrDie.com" website. The pilot episode, about "a day in the life of our favorite Russian whore/political consultant,' has been running there since April.

Read the full story on Multichannel News.

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