James Delahunty
16 Apr 2007 18:17
Jalipo, a new distribution network for online video and television content, launched today with partners including Al Jazeera English and BBC World. Former president of Sony Europe, Chris Deering, acts as chairman of Jalipo. The site is set to offer a pay-as-you-go credit service to consumers wanting to watch live events and video-on-demand online.
"We're hoping to create a much more user friendly way to buy video content that means you can now monetize your content online while still maintaining your rights," Chief Executive Alex Taylor told Reuters. "This is absolutely not for user-generated content. If you were looking to put us into the marketplace, I would put us at the other end of the market to YouTube. This is rights protected, territory restricted and monetized every minute."
The market for online video content is set to continue growing over the coming years. Last year, Google bought YouTube in a $1.65 billion deal. The user-generated site is currently involved in a $1 billion lawsuit filed by Viacom Inc. accusing copyright infringement.
Source:
Reuters