Joost UK shuts down
p2pnet news view | TV:- On the heels of news that Kazaa Kreators Niklas Zennstrom (left) and Janus Friis figure the net should again be alive with the sound of music — their music — comes further information that their Joost online TV thingie, launched with much ballyhoo a couple of years ago, has been virtually switched off.
In January Joost was supposed to have been reinventing itself by offering allegedly broadcast-quality content to viewers for free, ‘free’ being advertising-driven.
The site is still online but, “the office furniture of Joost UK Limited, registered in England and Wales with number 05821718, has apparently already found its way to another startup,” says TechCrunch.
UK subsidiary went into liquidation at the beginning of this month, says the story, noting:
“The reasons that are given are not all too surprising: the liquidator says the company has ‘failed to sustain a significant share of the internet video industry and was unable to address this effectively through a re-positioning of its services’.”
First they ignore you, then they laugh at you, then they fight you, then you win ~ Mahatma Gandhi
their music – Kazaa creators back in the music bidniz, October 14, 2009
reinventing itself – Joost ‘reinvents’ itself, July 2, 2009
TechCrunch – Joost UK dissolves, office furniture already in the hands of another startup, October 14, 2009
Use free p2pnet newsfeeds for your site. It’s really easy!
Subscribe to p2pnet.net | | rss feed: http://p2pnet.net/p2p.rss | | Mobile – http://p2pnet.net/index-wml.php
Net access blocked by government restrictions? Use Psiphon from the Citizen Lab at the University of Toronto. Go here for details.
October 14th, 2009 at 5:43 pm
joost? never heard of it.
October 14th, 2009 at 9:35 pm
As usual, I heard about it when it when it was first announced, then heard about it again when it’s shutting down. And my reaction is, “Wow, you mean it was around all this time?”
October 15th, 2009 at 4:34 am
wow, they invested TONS of money in Joost project, and the creators had plenty of experience. But it was HUGE bandwidth, CPU and memory eater. No surprise that it failed worldwide.
October 15th, 2009 at 8:54 am
Joost was not available worldwide because copyrastia still can’t get a clue that a service like this must be available worldwide.