p2pnet news view | Movies:- Kazaa creators, Skype co-founders and former eBay executives Janus Friis and Niklas Zennstrom have dumped their Joost P2P desktop client effort.

Instead, they’ll try peddling video via browser plug-ins.

Joost, which once claimed to be pirate proof, “raised many expectations, and significant VC funding,” especially because SFriis and ennstrom were involved, continues EE Times Europe.

“However the company has experienced trouble acquiring fresh content and the service is also now facing increased competition from an ever growing number of online streaming and on-demand video sites,” it says, going on that after, “disappointing reviews and problems accessing exciting content, Joost reorganized and reduced its workforce while it rewrote its business plan”.

The  latest attempt will involve accessing video via a dedicated website but, “unlike the service from the big broadcasters, Joost’s application will not use Adobe’s Flash, but rely on its own browser plug-in that will tap the P2P technology Joost has spent millions developing and implementing,” says story.

pirate proof – Joost TV is piracy proof: claim, April 17, 2008
EE Times Europe – Joost abandons P2P client for browser-based video delivery, September 9, 2008

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This entry was posted on Tuesday, September 9th, 2008 at 1:18 pm and is filed under Movies. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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