An anonymous reader writes with news that ArtistDirect, the company who acquired MediaDefender, has launched another company called PiCast for the purpose of P2P video distribution. The reader says: "This is a strange twist for a company which last year set up a video-sharing site called Miivi in an attempt to entrap users uploading copyrighted content, and was caught launching a DoS attack against Revision3, which we discussed earlier this year."
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