News Stories

Skype adds Qik Streaming to Go Mobile

Skype has acquired video streaming service Qik, its first acquisition. Although CEO Tony Bates declined to discuss financial terms at a CES press conference on Thursday, reports suggest the deal, which was concluded this morning, was for $100 million.

Qik allows users to host two-way live video calls on a range of smartphones, as well as record and share video via e-mail, SMS, Twitter, Facebook, YouTube and a number of other platforms.

“Mobile is clearly the next frontier in terms of communication,” said Bates. “Why is video on mobile so important? We are all on the go all of the time and the ability to communicate and capture in HD is compelling. HD video is a major focus for which is why this morning we entered into an agreement to acquire Qik.”

Although Bates declined to discuss integration plans for Qik into Skype he said it would enable Skype to add in premium services. “Video carriage is an area which is poised to be monetized,” he said. Bates also claimed the company was growing four times faster than other voice call providers and that Skype calls totalled 520 million minutes a day, 40 percent of which was video-based.

“We’ve crossed the tipping point in the way people want to communicate,” he said.

Augmenting Skype availability on Samsung and Panasonic connected TVs, video calling is now available on Vizio Internet TVs and the Sony Bravia line. Skype is also being supported by Panasonic’s new Blu-ray disc players DMP-BDT310, DMP-BDT210, and DMP-BDT110. These VIERA CAST-enabled Blu-ray players allow consumers to make Skype voice and video calls on virtually any HDTV using a Skype-compatible camera.

“Our aim is to connect everyone on the planet in an intimate and everyday experience,” said Bates. “Our focus is on becoming multi-platform on mobile, desktop and the living room.”

Skype filed for an IPO mid-2010 with reports valuing the company up to $1 billion. Bates took no questions about the IPO, expected this year, or the company’s finances.

YOUTUBE CHANNELS

Our Youtube channel can be found here
Watch the vNAB videos below

SOUNDCLOUD TALKS

MISSION

  • To advance technology and innovation within the entertainment industry
  • To provide a neutral setting for the entertainment industry, technology and electronics companies and to identify and discuss pressing issues
  • To understand the impact of technology on the consumer experience and the creative process
  • To connect and leverage the University of Southern California’s extensive research facilities, faculty and student body with companies
  • To provide insight about emerging consumer habits
  • To convene industry peer groups and partners to share knowledge and experience
  • To create an environment for testing and evaluation of proposed technology solutions
  • To help identify new business models for the entertainment industry
  • To improve the consumer experience and advance the art of entertainment as the 21st century unfolds

ETC Events

AI Roundtable // Building “Safe” Agents Using Claude Code: A Quick Tutorial
(April 24, Members Only)


Quarterly Board Meeting
(June 4, Closed Meeting)


All Members Meeting
(June 18, Members Only)