bits.blogs.nytimes.com - 7/1/2009
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Joost, a Hulu competitor, will get a new C.E.O. and turn itself into a white-label video platform for other media companies.
blog.joost.com - 6/30/2009
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blog.joost.com —
Today we’ve decided to make some changes at
Joost. In these tough economic times, it’s been increasingly...
challenging to operate as an independent, ad-supported online video platform. In order to position ourselves well for the future, we ...
(more)
A Note About Today's Changes
kara.allthingsd.com - 7/6/2009
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kara.allthingsd.com —
Two years ago, Index Ventures was part of
a group that invested $45 million in Joost, the...
then-hot-and-hyped online video service, while bringing on well-known tech exec Mike Volpi (pictured here) as CEO . Now, he is headed to Index as a ...
(more)
Mike Volpi Jumps from Joost to Index: A BoomTown ...
Comments
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Joost forced to change strategy, again
Gadgetell —
... beta software, and seemed to have a bit of promise. But then Hulu came and sucked in everything it could. While it is sad that Joost is being forced to change for a third time, it’s hard to say it wasn’t eventually going to happen. Even though Joost turned itself into somewhat of a Hulu clone, it just could get traffic. I know at least I only ever see the site when there’s some sort of news about it, which is usually bad news.
Read [NY Times]
Full Story » | Written by ...
Bits: Why Hulu Succeeded As Other Video Sites Failed
NYT > Technology —
... it? Portals, of course, are passé in a world where search engines point people to content spread all over the Web. Who needs professional content when users make their own? And if there is anything more clueless than a big media company, the Silicon Valley wisdom goes, it is a joint venture of several media companies bound to undercut each other with crossed agendas. Yet Hulu, founded in March 2007, is triumphant when most other video sites have languished. Most recently, Joost has retrenched and its chief executive, Mike Volpi, has left that spot to join Index Ventures, ...
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Joost is actively seeking a buyer and the beleaguered video service has told cable and satellite providers that it could be their online video solution, said sources close to the companies.
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Joost’s two year old online video service was a pretty darned smart idea when it first launched.
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