Peer-to-peer content distributor BitTorrent has eight more media partners--and $20 million in venture funding from Accel Partners and DCM.
BitTorrent's new mission increasingly looks possible
The new partners--20th Century Fox, G4, Kadokawa Pictures USA, Lionsgate, MTV Networks, Palm Pictures, Paramount Pictures, and Starz Media--will make their film and TV programs available to BitTorrent for downloading. Earlier this year, BitTorrent struck similar deals with Warner Bros. Home Entertainment Group and others. It's apparently serious about throttling the unauthorized distribution of copyrighted content using its technology.
Wal-Mart and Time Warner last week disclosed plans to get into the video download market next year, joining Amazon, Apple, AT&T, and Microsoft. BitTorrent is major player, at least by bit volume, accounting for up to 40% of worldwide Internet traffic.
The company denied rumors that CEO Bram Cohen is on his way out. Cohen said in a statement, "I look forward to spearheading the continued development of BitTorrent."
Building A Mobile Business MindsetAmong 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps – and it's past time for those with no plans to get cracking.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
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