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Skype Creators Set Sights on TV

 Beta News

The creators of the popular Skype and Kazaa applications have turned their sights on television, aiming to create a new way to distribute video over the Web, BusinessWeek.com reported Sunday. Dubbed the “Venice Project,” a product could debut as early as late this year, and negotiations are apparently underway with major television networks.

The hope is that the service will become the method by which all networks distribute their video content across the Web, although how it would work is not known at this time.

 

Niklas Zennstrom and Janus Friis have assembled a worldwide team of developers to complete the project. However, the new project does not mean either would leave Skype, which eBay bought last year. In fact, the company seems to be encouraging the two to continue innovating, although no investment has been made in their current venture.

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