The Venice Project

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Niklas Zennstrom et Janus Friis, founders of Kazaa and Skype, are about to launch the Venice Project, a project that "combines the best things about television with the social power of the internet - a project that gives viewers, advertisers and content owners more choice, control and creativity than ever before."

I subscribed to the announcement list and had a really good laugh at the CAPTCHA:

Venice Project is XXHTV!

If it's up to that promise, it'll be hot indeed! ;-)