BitTorrent launches P2P streaming video service

BitTorrent is working hard to become a good boy and, even more, the savior of the media industry applying its wide-spread technology and client for legal purposes.

Since last February, BitTorrent has been reaching agreements with major media companies like Fox, Paramount, MGM and Warner Bros. for legal delivery of their contents. Now, BitTorrent has just launched a new service called Delivery Network Accelerator (DNA) which is intended to speed up downloading and streaming video content extending the open BitTorrent protocol into a managed platform for commercial-grade content delivery.

Particularly interesting and innovative is the streaming side of this service as it is supposed to help the industry in developing band-width efficient TV over the Internet services providing P2P cost-savings in delivering richer content. The first one is already online, Brightcove is using BitTorrent DNA technology for streaming video content in a P2P way.

Using this technology it is now easier for any industry player to build up TV services to compete with Joost or Babelgum as as cost-effectiveness competitive advantage has been made available for all of them taking advantage of the over 150 million of clients already downloaded from the very first moment. What comes next? Time will tell.

eBay admits mistakes in Skype’s acquisition

In late 2005 eBay acquired Skype, the number one internet-calling company, for $2.6 billion. Today Skype’s price is half that one.

Yesterday, eBay confirmed that it overpaid for Skype showing once more that value never is equal to price. About half billion of the charge were to pay Niklas Zennström and Janus Friis, Skype’s founders, and other early Skype’s investors. Although it looks like big money, they could have earnt up to $1.7 billion if Skype would have met targets for users.

At the same time, eBay announced that Zennström and Friis will leave the company but while the former is leaving CEO post for a nonexecutive chairman post in board of directors, the latter will no longer play a role in the company. This situation leave both them more time to spend on Joost!