Comcast Invests In P2P Start-up

Comcast is investing in a new start-up that uses a file-sharing protocol to let companies send high-definition video over the net.

The start-up is called GridNetworks and uses peer-to-peer technology to distribute video programming. It has branded the process “GridCasting.”

In an interesting twist, it’s worth noting that Comcast has recently come under fire for blocking its customers’ ability to use file-sharing sites over its internet connections. It is currently being investigated by the government.

Comcast hasn’t revealed how much its GridNetworks investment is worth.