Skype to move into web TV space

The founders of Skype are planning to launch an online TV service next year, according to a report in today's Financial Times.

The report said that Skype is currently testing the service with a limited user base and that it has already penned deals with some "big-name" content providers.

The Venice Project, as it has been code-named, will consist of "near high definition" programming, supported by advertising, using Skype's peer-to-peer technology.

The co-founders of Skype, Janus Friis and Niklas Zennstrom, were reported as saying that the service would offer "high-quality, full-screen video", superior to the content offered by video-sharing websites such as YouTube.

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