Skype Founder Invests in Vdio, Looks to Compete with Netflix (NFLX)
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The founder of Skype, Janus Friis, is now looking to compete directly with the likes of Netflix (Nasdaq: NFLX) following an investment in a company called "Vdio."
The company (pronounced Vee-dee-o) allows users to watch TV and movies instantly. Sources aren't sure when Vdio will be officially launched to the public or at what price, but did report the resource will be first launched in the U.K.
Vdio is privately funded and is run by a separate team from Rdio. Head management at Vdio is made up of Ian Aaron – Chief Executive Officer, Justin Erenkrantz – Chief Technology Officer, Priidu Zilmer – Creative Director, Scott Barrow – Senior Vice President of Operations, Sander Striker – Senior Vice President of Engineering, Patrick Dodd – Senior Vice President of Global Licensing, and Jessica Algazi – Senior Vice President of Business Affairs.
The Vdio team believes the major difference between the service and Netflix’s will be "people will love using Vdio."
The company (pronounced Vee-dee-o) allows users to watch TV and movies instantly. Sources aren't sure when Vdio will be officially launched to the public or at what price, but did report the resource will be first launched in the U.K.
Vdio is privately funded and is run by a separate team from Rdio. Head management at Vdio is made up of Ian Aaron – Chief Executive Officer, Justin Erenkrantz – Chief Technology Officer, Priidu Zilmer – Creative Director, Scott Barrow – Senior Vice President of Operations, Sander Striker – Senior Vice President of Engineering, Patrick Dodd – Senior Vice President of Global Licensing, and Jessica Algazi – Senior Vice President of Business Affairs.
The Vdio team believes the major difference between the service and Netflix’s will be "people will love using Vdio."
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