Networks want Redlasso to lay off their content
Redlasso, a King of Prussia start-up, has caught the eye of several broadcast networks, which want it to stop streaming their content.
Redlasso, a King of Prussia start-up, has caught the eye of several broadcast networks - and not in a good way.
The company runs a Web site where it streams video clips that are being used by bloggers in a similar manner as YouTube videos.
The problem? NBC, CBS and Fox, in a letter sent by a New York attorney, say that Redlasso is violating copyright laws, and it wants the company to stop.
I'm waiting to hear back from Redlasso this afternoon, and will update this post.
The Inquirer profiled Redlasso last November after it had raise $6.5 million, including about $500,000 from Pat Croce, the former 76ers president, motivational speaker and serial entrepreneur. You can read the story here.