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Brightcove's Indy Internet TV Service

A group of technology veterans including Macromedia Flash creator Jeremy Allaire, About.com founder Scott Kurnit, and Lycos general counsel Andrew Feinberg have announced the launch of Brightcove, an Internet TV service designed to let video creators post their content online and set up means of generating compensation and syndication.

Massachusetts-based Brightcove will not charge independent producers for uploading their content, but will receive a share of the advertising and other fees generated by the videos; producers may also opt for ad-free video, in which case they will be charged according to the bandwidth used for traffic they generate.

"We are committed to transforming the distribution of video and TV programming through the Internet, and we have assembled a team that has the skills and experience to make that vision a reality," said Brightcove founder and CEO Jeremy Allaire.

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