The Venice Project / by Nate Westheimer

Self-described disruptive entrepreneur and co-founder of both KaZaa and Skype Janus Friis is up to no good again: He's currently working on a P2P (that means peer to peer for you non-geeks) platform that would help users broadcast video to their friends, effectively creating their own TV channels of self-generated and "captured" (meaning ripped off or downloaded) video. While this is something already done by some (YouTube as a "channel" feature) this may be the first "live" user-generated TV over IP broadcasting to gain traction, as its launch will be largely publicized due to the reputation of the man behind it.

"Stay tuned."