Tuesday, March 4, 2008

Another online streaming site, RIP

Last week San Diego based DivX announced the end of Stage6, an online streaming site with seventeen and a half monthly visitors. Unlike other TV and Cinema streaming sites that have been shutdown by Interpol and local law enforcement agencies, it is unclear exactly why the popular site closed its doors. There is considerable online speculation and the official press release (available on their wikipedia page) reads as deliberately vague. The company claims it simply wasn't financially viable, but presumably the copyright issues that plagued similar sites played a part in the decision.

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