Startup Akimbo to Launch Internet Video-on-Demand Service for TV

“The promise of Internet-based video has long been hamstrung by copyright and piracy worries, slow dial-up connections, technical challenges and consumer disdain for watching blotchy videos on their home computers.

But a Silicon Valley startup is tackling those obstacles, hoping to become the first major provider of cinema straight from the Internet to the living room boob tube.

“Twenty years from now, everyone’s going to be getting all their video mostly from the Internet,” says Steve Shannon, founder of Akimbo Systems Inc. “You see it happening with music. You see it happening with phone service. Video is next.” “