Ending Soon! Save 33% on All Access

This New App Lets Users Legally Share Buzzy TV Clips 'The days of awkwardly holding your phone up to the TV to record and share your favorite moments may be coming to an end,' says Whipclip's founder.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

WhipClip

Launching alongside Comedy Central's roast of Justin Bieber tonight, a new app called Whipclip is aiming to simplify -- and legalize -- the social shareability of buzzy TV moments.

With the free app, which is available for iOS and coming soon to Android, users can rewind up to three minutes during shows as they air in order to cut and share their favorite clips in real-time. Whipclip also enables users to create 30-second clips from an archive of shows that have already aired by searching for keywords via closed captioning.

These moments can then be shared via Facebook, Pinterest, Tumblr, Twitter, email and SMS. Users can also follow their friends and celebrities within the Whipclip app, which acts as its own social network of sorts.

In a major coup, Whipclip boasts partnerships with an array of leading television networks, including ABC, CBS, FOX, Comedy Central, VH1, A&E and Lifetime, Bloomberg, truTV and OWN. Additionally, Whipclip has teamed up with Universal Music Group and Sony Music so that users can mine 10,000 music video clips from artists like Justin Bieber and Taylor Swift, the company said.

Related: 7 Business Lessons for Entrepreneurs From 'Parks and Recreation'

"The days of awkwardly holding your phone up to the TV to record and share your favorite moments may be coming to an end," said Whipclip's chairman and CEO, Richard Rosenblatt, in a statement.

Rosenblatt, who previously founded online content company Demand Media and resigned as CEO in 2013, said that the app seeks to fill a glaring void given that 70 percent of television viewers are simultaneously online with a second screen. It's also a win-win for the networks. "Consumers want to share great content without jumping through hoops. Media owners are looking for increased social media exposure."

Founded in 2014 by Rosenblatt and the entrepreneur Ori Birnbaum, Whipclip raised $20 million in its Series B last December, which included investments from media bigwigs like Ari Emanuel, Peter Guber, Steve Bornstein and Scooter Braun.

The company is based in Santa Monica, Calif. and Tel Aviv, Israel.

Related: Watch What You Say Around Your TV, Samsung Warns

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

A University Awarded a Student $10,000 for His AI Tool — Then Suspended Him for Using It, According to a New Lawsuit

Emory University awarded the AI study aid the $10,000 grand prize in an entrepreneurial pitch competition last year.

Travel

Save on Business Travel for Life This Memorial Day with an $80 Deal

OneAir Elite uses AI to search the web around the clock for flight deals.

Devices

Keep Business Private with a Second Phone Number for $20

Hushed offers users a virtual number that can take calls and messages privately from their personal number.

Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.