Velocix to begin live streaming TV, compete with Joost
The UK-based company Velocix (formerly known as CacheLogic), has announced that beginning today it will be “offering live Streaming television content with a hybrid P2P live streaming client.”
So far live streaming has been a challenge to content providers as the audience for live streaming events are all trying to access the video simultaneously, putting a strain on resources.
The popular IPTV platform Joost recently made an attempt to live stream some NCAA “March Madness” basketball games via a partnership with CBS but “connections to CBS feeds were reported to have been dropped at inopportune periods.”
Velocix, on the other hand, offers a BitTorrent-compatible hybrid P2P client “which turns each viewer into a sort of peer host for additional viewers.” The streams are then available in Flash format or Windows Media format.
The company also says it has made deals with the BBC and Babelgum as well as Bollywood.tv, and Chic.tv.
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