Showing posts with label Cuban (Mark). Show all posts
Showing posts with label Cuban (Mark). Show all posts

Wednesday, February 03, 2010

Mark Cuban calls Google a 'vampire' – and he's right

He's also right that newspapers — and, even more, press organizations like AP — largely continue to be run by people who are too inept, timid, and "old thinking" as well as old media in dealing with this.

Cuban has cojones, if nothing else. He made his comments at an online media conference, and as the keynoter, no less.

Not just that, he called newspapers cowards for being afraid to let go of Google traffic even as they remain clueless, in his words, about how to monetize said traffic.

Salon, as part of its own take on his comments, highlights the pull quote:
“Show some balls,” he said. “If you turn your neck to a vampire, they are [going to] bite. But at some point the vampires run out of people’s blood to suck.”

The problem lies not so much with individual papers (though those with their own news services, like NYT, McClatchy, etc., fall under the following finger-pointing) as it does with AP (and Reuters and AFP, to the degree my solution could dodge collusion issues).

AP is not charging Google, MSNBC et al enough.

Pure and simple. If AP would increase its contract charges about six-fold — YES, as in 600 percent — and could do a work-around on the collusion stuff, not only with Reuters, but NYT News Service, MCT, etc., it might be enough to force Google to paywall.

And, yes, I think AP could write its contracts in a way as to do a work-around on the collusion issue while leaving the door open for Reuters et al to cut similar deals.

That said, AP's chairman of the board, Dean Singleton, is so effing clueless about this that he ran his own newspaper company, MediaNews, into the ground of Chapter 11, so what should we really expect?

If nothing else, maybe more newspaper chains will reverse cutting back on DC bureaus, and rebuild them — with money they save from canceling AP contracts.

Calling Jay Rosen and Google's chief ass-kisser Jeff Jarvis. Have you already started attacking Cuban?

Sunday, May 11, 2008

Hey may not know Mavericks hoops, but he does know CEO-ing more than Snooze

Dallas Mavericks owner Mark Cuban makes a compelling case to make CEO pay cash-only:
Make companies generate 100 percent of their compensation in cash that will be 100 percent expensable in the quarter paid.

Counteracting the “CEO as riskmeister” myth, Cuban writes:
Everyone who works for that company is at risk – of losing their jobs, benefits, raises, you name it. Employees live in the corporate cash zone, while CEOs and the top few in management live in the equity/lottery ticket zone.

Too bad an outsider like Cuban had to write something like this instead of the Dallas Morning News’ own op-ed staff

Of course, given that Bob Decherd, CEO of Belo Corp., the parent of the Snooze, got a $3 million bonus last year, despite a negatively performing company — a bonus that works out at about $60,000 per each of 50 fired editorial employees — it’s no wonder it took an outsider to write this.

The only wonder is that the Snooze even published it.