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Industry Moves

Industry Moves: BitTorrent Appoints New CEO; Focus on Streaming P2P

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Is it a coincidence that we’re recently been hearing more and more about online video tech providers’ change of strategies? A long due move from BitTorrent, the San Francisco-based P2P file-sharing tech firm: it has appointed Doug Walker as its new CEO Wednesday, reports Wired. He replaces the technology’s inventor, Bram Cohen, who will become chief scientist. Walker was previously an executive with IBM, Sun Microsystems and Silicon Graphics. He most recently served as CEO of Alias Systems, creator of the leading 3-D animation software, Maya.

SEE ALSO: BitTorrent’s New Service To Launch Tomorrow; Service Rife With Restrictions

This comes as it announced its enterprise platform, which was licensed by Brightcove and launched last week. The new service is used for [progressive] streaming HD video, including 780p and 1080i. Until now, the BitTorrent protocol only worked for downloading files, not for streaming.

Other which have announced changes include Brightcove, which now focuses on its enterprise/media services business and Akimbo which is going to announce a new focus soon. Coming next, my guess: Joost’s change of strategy.

Oct 17, 2007 2:03 AM ET

Posted In: Industry Moves, Social Media, Video, Technologies / Formats, Broadband

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