The Venice Project, to debut in November, would be an off-shore company

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The Venice Project, the third and supposedly latest big venture of Skype founders, will be finally out of its beta state quite soon. Precisely, it would be during the Future of Television Forum in NYC, next November 16 and 17, 2006. Fredrik de Wahl, the chief executive of The Venice Project, is expected among the keynote speakers.

InformiTV, which will cover the event, dished a very interesting information. That the Venice Project, besides it might look a lot less polemical than Kazaa has been so far, “is currently incorporated as ‘Baaima NV,’ a Netherlands Antilles limited company with a post office box at Curacao in the Caribbean, it has been suggested for legal reasons.”

Why Friis and Zennstrom will do that? To pay less taxes on their upcoming fortune? Or do they anticipate some retaliations from the Warner and friends?

For the record, their first venture Kazaa has been relocated in the South Pacific nation of Vanuatu, soon after its buyout by Sherman Networks. And Skype has been accused of racketeering by Streamcast, another peer-to-peer file-sharing software maker, and patent infringement by Net2Phone.

Oct 25, 2006 | By Nuno

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  • #0 The Venice Project sarà presentato a novembre - voipblog.it (pingback):
  • […] 21talks riporta la notizia e conferma che The Venice Project, il progetto di TV via Internet di Zennstrom e Friis, già fondatori di Skype e Kazaa, uscirà dalla beta e sarà annunciato durante Il Future of Television Forum a NY il 16-17 novembre. Tra le indiscrezioni rilasciate da InformiTV, che coprirà l’evento, quella che vede The Venice Project come una società a responsabilità limitata con sede a Baaima NV, Netherlands Antilles. InformiTV, which will cover the event, dished a very interesting information. That the Venice Project, besides it might look a lot less polemical than Kazaa has been so far, “is currently incorporated as ‘Baaima NV,’ a Netherlands Antilles limited company with a post office box at Curacao in the Caribbean, it has been suggested for legal reasons.” […]

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