Tag archive: joost

A couple years ago, Joost was the darling of a nascent online video industry, featuring peer-to-peer technology from Skye and Kazaa founders Niklas Zennstrom and Janus Friis couples with social networking features and the promise of full-screen Internet television. However, despite some high-profile partnerships, Joost never really took off—the company eventually abandoned its customer client software then dissolved into a maelstrom of… Read More

The struggling online video startup Joost, begun with much fanfare by the creators of Skype and Kazaa, has been sold to an online advertising company. Adconion Media Group said Tuesday it bought Joost assets for an undisclosed sum. These include the technology behind Joost's video platform and the Joost trademark.

Online video distribution company Joost—once positioned to be one of the major players in Internet video distribution—has announced that shareholders have removed high-profile executive Mike Volpi from his position as the chairman of the company's board of directors. Prior to his role as chairman, Volpi had been serving as the company's CEO, a role he stepped away from in June when the company announced it would be shuttering its own… Read More