KaZaA Founders in Internet TV Project

The founders of the popular VoIP program Skype and previously used file-sharing software, KaZaA are working on a new project that might be of interest. They have code named the project “Venice” and have revealed it will be only a matter of months before it is released to the public.

Janus Friis and Niklas Zennstrom are combining professionally produced TV and videos with the Internet and have even launched their own site with regards to the project.

They do not plan to keep the current code name as the name. To further the project, they are trying to gain the approval from small to large media companies and encourage them to produce shows on the Internet. They do say that anyone will be able to post on this network the are creating, but they want hype and with hype also comes monetary issues.

Advertising is being sought out as the primary focus of earning. Many worried when YouTube was sold that it would become too commercial. With Internet TV being something many would use, why not profit from it and bring commercials from televsion to Internet television?

I personally would rather see options (I love my DVR/TIVO setup so that I can skip commercials) or maybe subscription levels so that commercials could be avoided. Watch the site listed above for more information on the release date and formal network name.

http://www.theveniceproject.com

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