Kevin J. Delaney has an article on The Venice Project from the founders of Skype. He writes:
... Like TV, the service will be financed by advertising that will be shared with the video-content owners. ¶ A small number of users have been testing the service since last month, with a broad public release planned for the first half of this year. The Venice Project arrives in the wake of an explosion in Internet video consumption, with research firm eMarketer Inc. estimating that 123 million Americans will view such video at least once a month this year. ...
... [Co-founder Janus Friis] says the video is broadcast quality or better. Clips in its current test generally look good viewed full-screen on a PC monitor, but they often stutter, and parts of the images appear as small colored squares rather than the smooth image of a DVD. ...
Link: Wall Street Journal.
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