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BitTorrent Gets $8.75M From Venture-Capital Firm

Posted by ryuzaki0 on from the well-distributed dept.

funny-jack writes "BitTorrent's drive to legitimize itself as a tool for distributing legal content appears to be gaining steam, as evidenced by the $8.75 million venture capital they recently secured. 'The piracy business is not something anyone can make money on,' says Ashwin Navin, who co-founded BitTorrent with Bram Cohen. 'We want to distribute paid and ad-supported content, using this technology.'"

1 of 266 comments (clear)

  1. Can't you just use a different bt application then by blanks · · Score: 0, Redundant

    From what I understand they are going to try making money off the BT software name by selling the software, or including advertisments.  But can't you still just use a different application to access the different BT files online like bitornado etc?

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    TruePunk | Games