Slashdot Mirror

← Back to Stories (view on slashdot.org)

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?"

5 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?

    --
    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. 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.

    --
    "The advanced societies of the future will be driven by competing systems of psychopathology." -JG Ballard
  4. 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.