Robin Good: Nonetheless Magnify.net founder Steven Rosenbaum states "“I believe in the freedom of innovation", his company has just been awarded U.S. Patent No. 8,117,545 covering hosted video discovery and publishing platforms.
The patent description clearly covers any web-based service which allows you to create a topic-specific channel with manually or auto-curated video content.
Here the exact wording: "A hosted system provides any Internet user with the ability to quickly set up and customize a video channel, preferably as a web page or site that can be reached from any Internet-accessible device having a web browser.
The solution includes tools for use by channel site creators to customize the look, feel, and page design.
A particular web page or site may be associated with a given subject.
As used herein, a page or site that has such an association is sometimes referred to as “subject-specific...”
I don't know what's your take on this, but I personally don't see this as good news for curation and video curation startups, who are presently innovating in this space (like Blinkx, Redux, Chill, Vodpod, Magma, Yokto, Shufflr, Griddeo, Shortform, Mixd.tv, Embedr, Plizy, Vidcaster, Yubby, and many others).
Patents, whether in the hands of large or small players are the antithesis of open innovation and it is for me difficult to support who in the name of a better future, choses to utilize the means of his worst enemies to achieve its business ends.
While Magnify.net investors may indeed pretty happy about this, I am not.
Worrysome. 4/10 (Pass this news on)