Zediva Gets Shut Down…Permanently [Broadband Reports]
Several months ago I wrote a post about a new "video rental" service had begun offering a unique means of providing video content to its customers. Zediva would play an actual DVD at their facility when a customer rented the video online and stream the DVD playback to the renter. It's essentially a means of giving the user full access to the DVD remotely, via broadband.
While it was a novel attempt to end run the complicated restrictions that major studios put on their content, those studios weren't impressed with Zediva's business plan.
Lawsuits quickly followed from the studios, and the service was ordered to be taken down temporarily while the case was being decided. This week Zediva has been shut down and it's being reported that a settlement was reached whereby Zediva will pay fines of roughly $1.8 million and agree to drop the countersuits that were filed.
Comments