Google to invest in Chinese P2P video company

Google to invest in Chinese P2P video company
Google is once again displaying its intentions to be the big player in the online video distribution game with a pending investment in Xunlei ("Thunder"). The Shanghai-based company offers a P2P application designed to make the swapping of large video files easy and reliable. Just like the dominant sites like YouTube and Google Video, there is plenty of unauthorized content available.

The service has an estimated 100 million users. Therefore, the company is trying to use its userbase as a negotiation tool with content providers, looking to strike deals in similar fashion as its western counterparts. Google, with its Google Video and YouTube services, seems completely determined to push content providers into deals, while taking the risk of copyright infringement lawsuits.



Google has gone up against content providers in the past. Challenges to Google's "Book Search" plans are still ongoing from authors and publishers and there has been disagreements over web linking, indexing and thumbnail creation by Google. With video, Google has put itself up against the media giants and several analysts predict numerous huge lawsuits are coming.

Source:
Ars Technica

Written by: James Delahunty @ 1 Jan 2007 3:28
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  • 3 comments

  • borhan9

    After reading this article, Google to me is somewhat maybe going to turn out to be the next Microsoft. Dangerous teritory i feel.

    I am going to watch this space for new additions to this whole Google somewhat Monopoly type take over.

    1.1.2007 03:34 #1

  • ZippyDSM

    Google is stacking up to be the middle man in the corperate wold ,and like any good corperate lackey they will be liked less and less.

    1.1.2007 09:02 #2

  • lxfactor

    yes we finally have a bunch of new NEWS =] and google is always following the money =]

    2.1.2007 11:41 #3

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