20 TV-Making Companies Sign Deal With BitTorrent
Filed under: Announcements & Events, Digital Media, Mobile Phones, P2P technology, File-Sharing Programs, Networks & Services, Legal P2P News & Issues, Movies, MP3, Digital Audio & Games
The future’s bright, said a commercial some time ago, and the future is internet-connected TV sets. Twenty undisclosed TV manufacturers closed a deal with BitTorrent, letting their users stream both legal and illegal video content, all at the push of a remote controller button.
According to CEO Eric Klinker, BitTorrent closed a deal with no less than twenty TV makers. The new TV sets will be compatible with BitTorrent and are expected to be released this holiday season in Europe and Asia.
“You may not see them as much in the U.S.,” Klinker said.
The “problem” is that the US market is already having TV manufacturers signed with streaming-video services like Netflix and Hulu.
“We are competing with the Netflixes and Hulus for space on the television,” Klinker said.
BitTorrent’s CEO also pointed out that there are about 2 million titles of legal content found on their networks, including books, movies, and music, but when asked how many illegal files are available, he replied:
“We have no idea. It’s like asking Chrome how much pornography there is on the Internet.”
A 2011 blog post announced that BitTorrent signed a deal with Vestel – a Turkish TV manufacturer that presented at the IFA show in Berlin (2011) what they called “the world’s first BitTorrent certified TV”.
In the past BitTorrent’s clients were responsible for 40% of the overall internet traffic, but ever since services like Netflix or Hulu kick-started a decline was registered. According to Sandvine’s prediction, BitTorrent’s traffic share will drop even further (to 10%) by 2015.
However, people are hyped about the news, and frankly so are we. We’d even go as far as to say that this is probably the best Christmas gift ever. However, what’s your opinion on this matter? Do you think that this will increase piracy or open new doors towards legal revenues? Use the comment section below to make your argument.