It's hard not to respect Harvey Weinstein one of the most powerful men in media.
He co-founded Miramax Pictures and of course, set the world alight with 'Pulp Fiction' but a man who knows his trade and was heavily involved in 'Live Aid'.
At this week's Creativity Conference, he trashes Google's youtube. Now I can't show you the video as normal (you'll have to click the link below - but it's only 2 mins long) because the video is not on YouTube. Which surprises me....somebody must have tried to upload it? Yet it's not there....hmmmm anyway here's the link:
What he's saying is that Google steals content - an argument a lot of Newspapers are starting to have with them too. He illustrates his point by referring to the show 'Chicago' where on YouTube 9 of the 13 show songs are available for free.
Nobody is getting paid for that - not the composers, the producers, the singers...nobody, except that is, YouTube through advertising.
So with irony he says that a very good business plan would be to use somebody else's content, for free, and then build a 500 billion dollar silicon valley company. And be very, very rich. And then have cool slogans, like "we just want to help the world".
He has a point.
And this will now come to a head with content owners.
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