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Everyone Loves BitTorrent

According to TechCrunch, BitTorrent has raised $25 million from Accel Partners and Doll Capital Management. BitTorrent has also signed distribution deals with a variety of major film and TV producers. So, the idea is the money and the licensing deals with MTV, 20th Century Fox, Paramount Pictures, etc. is going to make BitTorrent legit – and steer it farther away from its roots as a cool P2P technology used to download free movies, TV shows and music? In theory, that makes sense but it's a bit of a pipe-dream unless some of the $25-million is used to crack down on all those Torrent-crazed pirates out there. Mathew Ingram doesn't think much about the press release given he believes it's going to take a lot more than some PR for BitTorrent to compete against the pirates.

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