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BitTorrent Gets $8.75M From Venture-Capital Firm

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.'"

3 of 266 comments (clear)

  1. Oh great, *MORE* advertising... by Khyber · · Score: 0, Troll

    It's bad enough we had to worry about "poisoned" torrents.... Now we've got advertising to deal with as well.

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    Still waiting on Serviscope_minor to wake up to fucking reality and realize that Jessica Price isn't going to fuck him.
  2. Great concept, bad implementation by Cecil · · Score: 0, Troll

    I'm sorry, but BitTorrent sucks. If they take it and commercialize it until no one wants it anymore, fantastic. It works, but it's in no way well designed. Maybe someone else will come along and make something better, firewall friendly, something that's actually peer-to-peer...

    If you disagree and think it is well designed, fine. Keep using it, by all means. So do I. But if you don't think there's a whole lot of room for improvement, you're not very imaginitive.

  3. Re:Piracy is BIG business by i+wanted+another+nam · · Score: 0, Troll

    Riiiight, because nobody who has $500 to spend on a 60 GB hard drive can afford to buy music, and none of them use it for anything but music. Puff puff pass, man.

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    The image is a dream, the beauty is real. Can you see the difference?