No, apparently not in a contest to piss off as many copyright holders as possible.

DivX is a bit miffed that its super-duper video squishing techno-joy has been looked over in favour of Flash as the internet standard for moving images.

It's launching its own video sharing site called stage6.com and "hope[s] to grow as big as YouTube."

Stage6 focuses on providing much higher quality video than YouTube by using its own mpeg4 compression. In comparison, YouTube uses a low bit-rate Flash player.

Unlike YouTube, Stage6 lets you download and store every video to your computer. Lawson also stated Stage6 will allow anyone to charge for their own content. By doing this DivX hopes for a lot of interest from independent studios.

More over on The Test Bed.