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January 4, 2011 by · Leave a Comment 

In what is regarded as a telling indication that efforts by the entertainment industry to halt the illegal distribution of copyrighted material are failing, BitTorrent, the company that produces the file-sharing technology often used to download movies and recordings, said on Monday that more than 100 million active monthly users are employing its software. “This is an exciting day for our team,” Eric Klinker, BitTorrent CEO, said in a statement released in Las Vegas in advance of Wednesday’s opening of the Consumer Electronics Show. “Our vision is to build a complete technology ecosystem comprised of software, content and devices, designed to connect modern content creators with a massive digital audience. This milestone highlights the size of our user base and the power of our software.” Fast Company magazine, which tracks innovative use of technology in business, pointed out on its website Monday that “BitTorrent now boasts more active users than Hulu and Netflix combined — and then doubled.”