ARMOUR Posted September 13, 2015 Share Posted September 13, 2015 Sony Pictures considered BitTorrent Inc. as a potential acquisition opportunity to diversify its business, leaked information reveals. The file-sharing company made it onto a shortlist together with Netflix and TiVo, with Sony praising its effectiveness at downloading online media.In Hollywood, BitTorrent is often framed as a threat due to its pirate stigma, but the technology also offers opportunities.BitTorrent Inc, the company behind the popular uTorrent software, helps artists to legally distribute their work to millions of people every yearThe Sony presentation discusses options to “refine” its business and saw BitTorrent as a potential candidate to diversify. Among other things, buying BitTorrent could improve margins and facilitate growth.To accomplish this goal Sony could invest $2 to $4 billion dollars, certainly enough to buy BitTorrent. Even Netflix, which didn’t offer video streaming yet, was within reach based on a $1.2 billion valuation at the time.According to the presentation the acquisition candidates would bridge a gap between Sony’s entertainment content and the company’s technology devices.In the case of BitTorrent this could facilitate the development of set-top boxes and TVs with built-in technology to download and play video content. This is an area BitTorrent was already working on with other partners.Source: Torrentfreak.com Link to comment Share on other sites More sharing options...
212eta Posted September 17, 2015 Share Posted September 17, 2015 Oh, no... :( Link to comment Share on other sites More sharing options...
vregu Posted September 19, 2015 Share Posted September 19, 2015 For me...Sony wants to protects their products with this possible buy. Link to comment Share on other sites More sharing options...
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