Petteri Pyyny
7 Feb 2002 3:29
Vivendi announced plans to launch a new video service called MP4.com that would allow users and indie film makers to share their movies in digital format much like unsigned artists do currently through Vivendi's MP3.com service.
Vivendi said that the service is currently in beta testing phase and will launch officially within next few weeks. Users can stream certain amount of the indie clips for free, but for larger amount of streaming, they would have to pay a fee.
Service was inspired by the MP3.com's success (and the domain name MP4.com was originally registered by MP3.com before Vivendi bought the company) and is also powered by the MP3.com's technology that also powers the Pressplay subscription music service.