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BitTorrent Gets $8.7 Million in VC Funding

Posted by ryuzaki0 on from the shot-in-the-arm dept.

Brandon writes "BitTorrent just got a massive infusion of cash from venture capital firm DCM Doll. It looks like BitTorrent is hoping to cozy up with the content creators. From the article, 'Neither BitTorrent nor DCM have publicly stated how a legitimate service would work, but industry insiders have been busy speculating on how the distributed peer-to-peer service could help movie studios and filmmakers make for-pay content available.' Will this awaken Microsoft's Avalanche?"

7 of 151 comments (clear)

  1. Two in a row! by LoganAvatar · · Score: 5, Insightful

    Dupe: http://slashdot.org/article.pl?sid=05/09/27/183246 can we go for 3 dupes in a row?

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    loganavatar.com
    1. Re:Two in a row! by sunwolf · · Score: 3, Insightful

      I wonder when the people who are so immensely annoyed by dupes will just stop going to slashdot. It doesn't seem likely - it's still /. and complaining's fun anyway.

      But still...the incessant noise about it can get irritating.

  2. Where have I seen this before? by tepples · · Score: 5, Insightful

    Slashdot Search: bittorrent yields this article, which claims a $8.75 million figure. Has the funding been cut by $50,000 or something?

  3. Re:Good on 'em by Frodo+Crockett · · Score: 2, Insightful

    I do this without any guilt, because if the MPAA etc would get off their arses and build a decent delivery system where I could pay (a reasonable fee - not the full cost of a cinema ticket!!) to download the latest movies then I would.

    Actually, the full cost of a cinema ticket ($8ish dollars where I live) would not be a bad price for a high-quality non-DRM'd movie. Consider that if you went to the theater, you'd have to pay for two tickets, unless the wife is young enough to get in for free. ;) You'd also pay ridiculous prices for sodas, popcorn, and candy at the theater.

    --
    "The newly born animals are then whisked off for a quick run through a giant baking oven." --heard on Food Network
  4. MOD PARENT DOWN - PLAGIARISM by Johnboi+Waltune · · Score: 4, Insightful

    This is an exact copy of a post by 'popo' from the previous BitTorrent/venture capital thread.

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    "The advanced societies of the future will be driven by competing systems of psychopathology." -JG Ballard
  5. Re:Good on 'em by Anonymous Coward · · Score: 2, Insightful

    So because they have yet to deliver the product you desire, you feel no guilt in stealing the the product they already have? I'm failing to see how that absolves you of any moral wrongdoing.

  6. Re:Good on 'em by Johnno74 · · Score: 3, Insightful

    Ok, I worded that badly - I don't mean to be taking some moral high ground here - I don't have much of a problem downloading movies, but if there was a legitimate alternative, I'd take it.

    I beleive they should be (financially) rewarded for their efforts. But having to compete with a free service should hopefully make them eventually provide an alterative that isn't too pricey or restrictive.

    If that free alternative wasn't there, or people didn't use it, then the movie industry would have no incentive to start making these deals.