Back in October of 2011, we learned the first details about an upcoming video service called Vdio. Vdio was founded by Janus Friis, who also happens to be a co-founder of the streaming music service Rdio. At the time, the assumption was that Vdio was going to become a streaming video service that would share the same monthly pricing scheme as Rdio. That doesn’t appear to be the case anymore.
According to the terms of service agreement that’s posted on the new Vdio website, users will be able to rent or buy movies and television programs. Some of the selection listed on Vdio’s website include Ted, seven seasons of Dr. Who, Fight Club and The Avengers.
The restrictions for buying and renting content on Vdio is similar to services such as VUDU. You’ll be able to begin watching a rented video within 30 days of renting it. Once you begin watching, you’ll have 24 hours to view it as much as you like. Vdio will also offer “limited offline viewing” for some titles.
Pricing wasn’t detailed, but Vdio doesn’t appear to be offering anything new and exciting. A Netflix competitor would have been great, but I suppose we have to wait for another company to step up to the challenge.