tech - hawg
Wednesday, August 23, 2006
  Sony buys Grouper

Sony Picutres has bought video sharing site and YouTube wanna be Grouper for $65 million. What unique about Grouper is that they started out as a closed peer to peer application of sorts. They kind of morphed into this YouTube like clone that has some unique functionality, some of which includes their peer to peer sharing capabilities and their desktop video editor. This is encoraging news from Sony. Maybe their beginnging to realize that they don't have to build everyting themselves and that's it's ok to bring in outsiders who can get the job done. Sony plans on using Grouper for ditributing video content and DVD qulaity movies. I even read something about Sony wanting to enable users to mashup with some videos via Grouper, on TechCrunch I think. Interesting.
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