Magnolia Pictures Distribution

D7 Interview: Mark Cuban

Peter Kafka in D7 on May 27, 2009 at 5:33 pm PT

Mark Cuban was lucky enough to make billions on Internet video during the Web 1.0 bubble, and smart enough to cash out before it burst. He’s spent a bunch of that money on high-profile purchases like a basketball team and a Gulfstream. But much of his investment and energy since then has been directed… away from Web video and toward conventional video, in the form of movies and television. Cuban’s portfolio companies make movies and television shows and distribute them to movie theaters and television sets. And he’s been loudly skeptical about the possibilities of Web video outlets like YouTube–around the time that Google plunked down $1.6 billion on the site, he declared that “only a moron” would want to invest in it. Time to see if still feels the same way.