However, the company is branching out into movies and television. It said it has agreements to stream full-length movies to users for $9.95 a month or $99.95 a year. The deal includes access to streaming, download and movie-rental services.
BitTorrent first launched in 1999 as a peer-to-peer technology that allowed users to share files between their computers. In November, the company started offering download services as a complement to its P2P technology.
I love BitTorrent. I cannot work out why, but I do. It's part of the reason I accept the fact that I'm a bit of a couch potato. I'm a big lug, but I know it'll help me achieve my goals. It's efficient, it's a great way of downloading software and even music. If you're a proper user of torrenting sites, you're probaly using it to download films, music and software. It's the best way to send a large amount of files over a small amount of time.
The store, which is being developed by BitTorrent Inc.'s new media subsidiary BAM Networks, will not be the only way to buy DVD and Blu-Ray movies from Hollywood. But it is likely to be the most popular route as it combines the convenience of the Internet with the ability to view content immediately.
On the other hand, BitTorrent doesn't make any money on music and video downloads. The company charges people for access to its P2P network. The PC users who download music and movies don't pay BitTorrent. And the more people who use its network, the more BitTorrent makes.
But BitTorrent has to pay for DVD and Blu-ray movies. The company currently pays significant sums to the major Hollywood studios for rights to distribute their content. Even though BitTorrent's free downloads have made it financially viable, the company must pay to sell individual movies.
When the BitTorrent store is fully up and running, it could make the company money by selling movie rentals. BitTorrent attracts a lot of users to BitTorrent, especially its P2P technology. Large file downloads tend to take longer on P2P networks than on computer networks. The BitTorrent platform also is enormously powerful. BitTorrent can serve as a search engine. By allowing uploaders of movies to build search indexes, BitTorrent could make it easier for users to find popular and obscure films. The site is profitable for BitTorrent because of the advertisements and pay-for-downloads that help cover the costs of its infrastructure. 827ec27edc