It’s a new startup that’s still under wraps that promises to allow users to upload and download full-length, high-quality video clips through a peer-to-peer network. And why all the buzz? The founders are Janus Friis and Niklas Zennström, the masterminds behind Kazaa and Skype. But unlike Kazaa, the Venice Project won’t allow users to illegally swap copyrighted content. The startup is in talks with several TV and media organizations to create ad supported channels. “People love to watch TV,” says Friis. “And people love the Internet because of the choice and the social qualities. We’re trying to bring the best of both worlds together.” Stay tuned…
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