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Peer-to-peer deal.


Peer-to-Peer Deal: NBC Universal NBC Universal is a media and entertainment company formed in May 2004 by the combination of General Electric's NBC with Vivendi Universal Entertainment (part of the French Media Group, Vivendi SA). GE owns 80% of NBC Universal with the remaining 20% owned by Vivendi SA.  became the first studio to make its movie and television content available over a legitimate peer-to-peer network (1) A network of computers configured to allow certain files and folders to be shared with everyone or with selected users. Peer-to-peer networks are quite common in small offices that do not use a dedicated file server. , announcing an agreement with closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people.

In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist.
 Wurld Media, creator of the Peer Impact service. Under the terms of the agreement, Universal movies and NBC Universal IV titles will be made available for rental for a 24-hour viewing period after purchase. On-demand movies from the Universal film library will include "Ray" and "The Motorcycle Diaries." The move to film and television titles marks a first for Saratoga Springs Saratoga Springs, resort and residential city (1990 pop. 25,001), Saratoga co., E N.Y.; inc. as a village 1826, as a city 1915. Skidmore College is the largest source of employment, but the city also has light manufacturing. , N.Y.-based Peer Impact, which already rents and sells music and video games to its subscribers.
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Title Annotation:THE LABJ: Online Journal; NBC Universal Inc. and Wurld Media
Comment:Peer-to-peer deal.(THE LABJ: Online Journal)(NBC Universal Inc. and Wurld Media)
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 21, 2005
Words:105
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