The creators of the infamous Kazaa, and the now eBay-owned Skype, comes a new product that is sure to turn the industry up into a tizzy.Niklas Zennstrom and Janus Friis are at it again, this time developing a new communications software venture aimed at TV. The product, code named "The Venice Project" is a means of distributing video over the internet. The pair has supposedly amassed a team of developers from around the world to work on this life changing software application. And life changing it should be, given the giant impact both Kazaa and Skype have had on the world.
It should be interesting to see how "The Venice Project" does in this hungry field. They do have a ton of investment capital to fund this in order to make it to the top. YouTube has this market in their palms already. However Google, along with Video Egg, Brightcove, and Bittorrent are close behind.
