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Wednesday, 6 June 2012 - Napster founders reunite with social video service |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Wisconsin's Walker makes history surviving recall election 3:58am EDT Wisconsin's Walker will survive recall, networks say 05 Jun 2012 Walker's win smacks Wisconsin protesters who started recall 1:21am EDT Mississippi man executed for killing four children 05 Jun 2012 CNN says exit polls show Wisconsin recall election tied 05 Jun 2012 Discussed 351 NY mayor blasts sugar ban critics: ”That’s a lot of soda” 274 Louisiana’s bold bid to privatize schools 269 Florida to continue voter purge in defiance of warning Watched A look at the UK’s most beautiful face Thu, May 10 2012 Al Qaeda's second-ranking leader dead: White House Tue, Jun 5 2012 Could it be "Game Over" for consoles? Tue, Jun 5 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption  Celebrities in wax Wax sculptures of famous faces.  Slideshow  Best of E3 Highlights from the annual video game expo.  Slideshow  Napster founders reunite with social video service Tweet Share this Email Print Related News Facebook comments, ads don't sway most users: poll Mon, Jun 4 2012 Special Report: New drugs, fresh hope for autism patients Thu, May 31 2012 Facebook shares plumb new depths, valuation questioned Tue, May 29 2012 Opera seen a Facebook fit but no "For Sale" sign Tue, May 29 2012 Shareholders sue Facebook, NYSE comes calling Thu, May 24 2012 Analysis & Opinion Why your cell phone is ripe for spam texts in 2012 Living with Fragile X Related Topics Tech » Media » By Yinka Adegoke Tue Jun 5, 2012 6:27pm EDT (Reuters) - Sean Parker and Shawn Fanning, the "enfants terribles" whose Napster file-sharing technology helped dismantle the traditional music industry a decade ago, have joined forces again with a new service for friends to video-chat on the Web. The pair launched Airtime at a star-studded event that featured live appearances by Hollywood actor Jim Carrey, talk show host Jimmy Fallon and TV star Joel McHale. There were also live video chats with rapper Snoop Dogg and actress Olivia Munn. But the launch was not without its problems as the demo of the service ran into technical difficulties, as the stars milled around on stage. Video chats between some of the celebrities broke down for more than ten minutes as technical staff rushed to help fix the problems at an event which started nearly an hour late. Parker and Fanning will be hoping that the live service operates with fewer hiccups as it becomes available to Facebook's 950 million users. In order to use Airtime, consumers have to be registered Facebook users. Parker said the start-up is not trying to build a new platform to rival the likes of Facebook. Airtime is being positioned more as a social network, where friends can communicate or even 'perform' for each other. Parker said the service would benefit from the 'network effect' in that the more people who use it, the more useful it will become similar to telephone or a more modern network like Facebook. Parker was also an early backer of Facebook, in a role that was made iconic in the Oscar-winning movie 'The Social Network', in which he was played by singer/actor Justin Timberlake. He said the service will try to make the Internet more fun as friends can video chat with each other in real time and can also chat anonymously with people outside their social network. The company said it will focus on safety as one of its most important priorities to help root out "bad actors" who might use the service inappropriately. Several video communication services already exist on the Web including Microsoft Corp's Skype, Google's Hangout service and start-ups like Chatroulette. "We're trying to restore serendipity to the Internet," Parker said. "There's never been an environment like this for live performance on the Internet." After Parker and Fanning launched Napster in 1999, they said they had no idea the music file-sharing service would become so popular. Millions of fans downloaded the software allowing them to illegally share songs for free. It was followed by a spate of lawsuits from the major music companies that eventually shuttered the business. "We knew the product was big but we dramatically underestimated the scale," Fanning said in an on-stage interview with Fallon. (Reporting By Yinka Adegoke; Editing by Gary Hill) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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