BitTorrent Gets $8.7 Million in VC Funding

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?"

Comments

Two in a row!

[LoganAvatar]

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

Re:Two in a row!

[Nuclear Elephant]

can we go for 3 dupes in a row?

If we did, that'd be 26.1 million in funding. w00t!

Where have I seen this before?

[tepples]

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

Cut 'n' paste job - Cowboyneal makes it TOO easy!!

[Linker3000]

Slashdot EeziPost (TM) MK I

#NB: For obvious reasons, the first option is ENABLED by default - remember to turn off if you are NOT responding to a dupe

[X] Another: [X] Dupe [ ] Slashvertisment [X] WTF [X] $editor is a dork

[ ] Frist psot [ ] link to GNAA [ ] Link to goatse [ ] $random_drivel

[ ] I Haven't RTFA, but... $random_opinionated_comment

[ ] Slashdotted already!. I bet their server runs on $topic_item too

[ ] Soul_sucking registration required

[ ] Mod Parent [ ] up [ ] Down

[ ] Fsck: [ ] SCO [ ] Micro$oft [ ] DMCA [ ] DRM [ ] MPAA [ ] RIAA [ ] Google [ ] Bush [ ] You all

[ ] I for one welcome our new $topic_item overlords

[ ] Imagine a beowulf cluster of those

[ ] In Soviet Russia, $topic_item owns you!

[X] Meh!

[ ] Netcraft confirms $topic_item is: [ ] dead [ ] dying

[ ] But have the inventors thought of what will happen if $random_amateur_insight

[ ] Once again the USA is clamping down on my [ ] Amendment rights.

[ ] You insensitive clod

[ ] But people who download music from P2P networks are more likely to buy the album

[ ] Cue DVD Jon-type crack in 3..2..1

[ ] Torrent, anyone?

[ ] Here's a link to a patch: $random_linux_distro_url

[ ] Profit!!

[ ] Still no cure for cancer

Good on 'em

[Johnno74]

This sort of thing legitimizes p2p networks.

I have a 4-month old daughter at home, so my wife and I don't really get to go out to the movies any more - so I download new releases and we watch them at home, and we can still keep up with our childless friends who go to the movies :)

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.

Dupayola

[HTH NE1]

Judging from the editor's comment at the end of the previous dupe acknowledging its dupeness, these dupes are in fact deliberate. But maybe not for the reason stated.

Think about the slashdot effect for a moment. You've seen what happens when a site that can't handle traffic gets slashdotted. Now think what happens on a site which has ad-supported stories that can handle the traffic. Especially if it is a deep-pocketed advertiser.

Then consider how a site that didn't get the slashdot-effect ad impressions for a particular story because slashdot linked to another else first. Give them a dupe and maybe a commitment for a few more linked stories to make them happy and keep the kickbacks coming.

Makes you want to run your own news aggregating site, huh?