Hollywood embraces BitTorrent

BitTorrent has shaken hands with the Motion Picture Association of America (MPAA). BitTorrent has a lot to teach to the internet industry, and Podcasting has a lot to learn from BitTorrent.
pcpro.co.uk reports

Bram Cohen, creator of BitTorrent software, hopes to sign deals with the major studios to allow BitTorrent to offer legal movies for download. The studios themselves are reportedly sufficiently interested to want to extend the use of BitTorrent technology to create a market of downloadable movies similar to the current growth in downloadable music. BitTorrent has already raised $8.75 million in venture capital to build a legitimate online media distribution business.

'BitTorrent is an extremely efficient publishing tool and search engine that allows creators and rights holders to make their content available on the Internet securely,' said Cohen in a statement. 'BitTorrent discourages the use of its technology for distributing films without a licence to do so. As such, we are pleased to work with the film industry to remove unauthorized content from BitTorrent.com's search engine'.