8:00am

Thu December 9, 2010
Business

Startup Viki Uses Web, Volunteers To Subtitle Films

The startup company Viki uses the power of the Web and the passion of film buffs to create subtitles for non-English-language films. Based in Singapore and the U.S., its catch-phrase is "Entertainment Beyond Borders." Its volunteer translators -- 100,000 of them -- enter subtitles while watching shows collectively online. Viki hopes to make money by licensing videos and sharing advertising revenue. This week, it raised $4.3 million dollars in venture capital funding.

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