Word: tannings
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...Tan says movie88.com is his brainchild. He's the Chief Technology Officer of Eternity Italy Limited, a "virtual company" registered in the Virgin Islands to avoid paying taxes. "It is not like a traditional business," says Tan. "We don't have an office and an address. As long as we have people and computers...
...Tan gives his age as "early thirties" and won't discuss his resume. He is ethnically Chinese, he says, but won't divulge his nationality. Although his servers are mostly based in Taiwan to take advantage of a loophole he claims to have found in that country's copyright laws, he flatly denies that he's Taiwanese...
...with years of empty promises about WebTV and the like, Tan and his colleagues started their site to jumpstart Internet broadcasting. "The main reason this content is held back is because of profit," explains Tan. "Someone has to do something; we're not going to wait. We had to start the ball rolling. I believe (movie88.com) is a good steppingstone. We can force Hollywood and the movies studios and TV stations to do something (about putting more content on the web). Bill Gates was talking about doing WebTV a long time ago. But it never happened. Why? Because the companies...
...Tan says he's not looking for a legal battle. "We don't like arguments," he says. "We want to make this project successful. Someone has to do something to bring this forward (broadcasting video on the Web) because after so many years no one has done anything except the XXX sites...
...Tan says Movie88.com is losing money right now, but he won't get into too many specifics. He says they pay $228 per month for each of their 40 to 50 T1 lines. The site currently has "a few hundred thousand" users and delivers between 2,000 and 3,000 movies a day, usually at a cost of $1 per showing - shorts and animation cost 50c, new releases go for $2. He wouldn't reveal the extent of investment required to start movie88.com, but said the servers alone had cost millions of dollars...