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#1 2009-07-01 3:34 am
- Bat
- Flawless Cowboy
- Royal Wombat
- From: Björk, Björk
- Registered: 2001-05-14
- Posts: 28541
'Joost gives up the ghoost'
Joost, the mostly harmless internet TV service created by the founders of Skype and Kazaa, is hoping the third business model is the charm.
The company said Tuesday it will shift focus from ad-supported video to making "white label video platforms" for media companies. While Joost will continue to provide free online television and movies on its website, it hopes to drum up much-needed revenues by licensing its technology to cable and satellite providers as well as broadcasters and video aggregators.
"Media companies around the world are embracing internet-based video portals as a key path to distribute their premium video, but building a world-class video portal is increasingly difficult and expensive," Joost said in a statement. "Joost will focus on this issue and provide the market with a cost-effective, end-to-end solution for media companies to publish video under their own brands."
If all economists were laid end to end, they would not reach a conclusion - George Bernard Shaw
"Fire up a colortini, sit back, relax, and watch the pictures, now, as they fly through the air."
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#2 2009-07-01 5:50 am
- kamizuno
- Poking you with a stick
- From: Smileytown
- Registered: 1999-07-13
- Posts: 1987
Re: 'Joost gives up the ghoost'
funny, I thought this thread was going to have something to do with sesames streets swedish chef 
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