Lots of buzz lately in the blogosphere surrounding a new project started by Janus Friis and Niklas Zennstrom, the same guys who built Kazaa, and sold Skype to ebay for billions of dollars.

Lots of buzz lately in the blogosphere surrounding a new project started by Janus Friis and Niklas Zennstrom, the same guys who built Kazaa, and sold Skype to ebay for billions of dollars. It's called “The Venice Project,” and claims to be the first Peer-to-Peer IPTV service, distributing video online the same way using the same P2P approach as Skype with online VoIP calling.

There's not much to be found on the official blog, but you can sign up to be invited for Beta testing. GigaOM also has some exclusive screenshots up on their site.

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