San Diego - Video-sharing service Veoh, which recently raised $26 million in venture financing, on Wednesday announced the beta launch of VeohTV, a desktop application that can play and record nearly all video on the Internet.

The service lets users browse, view and record online video from TV networks' websites, as well as content on rival video-sharing sites like YouTube and MySpace. VeohTV also features a channel guide that allows searching by keywords.

The service's features are similar to those expected to be included in the next version of RealNetworks' RealPlayer, as well as to streaming P2P service Joost.

"Unlike Joost, which is a closed system with content from a limited number of sources, VeohTV supports open Internet standards, and has access to virtually all of the video content on the Internet, on demand." said Veoh CEO Dmitry Shapiro.

While some copyright holders may object to the application's siphoning of viewers away from their sites, and its ability to record streams, IAC chief executive Barry Diller called VeohTV "a great product."

Related Links:
http://appserver.veoh.com/static/corporate/press_releases/06_20_2007.html

http://www.mercurynews.com/business/ci_6185562 (AP)

http://www.veoh.tv