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September 30, 2010 / Raffy Pekson II

BitTorrent to Launch Streaming Video Service ala YouTube

Photo by ashwinnavin at Flickr.com

BitTorrent has been working on a live streaming technology for two years and now it is almost ready to be rolled out. The company is trying to distance itself from the use of BitTorrent by those sharing files of illegally copied music and movies and show the commercial sector that it can be used to solve significant issues around distribution of large files across the entire Internet. It did consider changing its name.

BitTorrent is also working with artists to power a shared film festival and also with TED to distribute videos. The peer-to-peer provider “democratizes the Internet and brings the ‘cloud’ to the edge.” It says the number of users has jumped from 20 million monthly two years ago to as much as 100 million this year, most coming from emerging economies.

Read more at ZD Net – article by Tom Foremski

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