techcrunch.com — Joost raised $45 million in a venture round of financing. Investors include Sequoia Capital, Index Ventures, CBS, Viacom and Chinese billionaire Li Ka-Shing. Roelof Botha from Sequoia and Danny Rimer joined the board of directors.
May 10, 2007 View in Crawl 4
alberto24May 10, 2007
<a class="user" href="http://www.centernetworks.com/really-interesting-terms-on-the-new-joost-beta">http://www.centernetworks.com/really-interesting-terms-on-the-new-joost-beta</a>Did everyone know that Joost is p2p - the terms say they will use your bandwidth to help their service.
leoxivMay 10, 2007
Am I going to watch media controlled by Viacom? No thanks Rupert.Skype was a different story.
unmarkedMay 10, 2007
The real problem is that these media companies want to control "which" clips you get to see and how you see them. They want to decide what's funny and worth sharing. They want to be "the decider". Everything will be on their terms, not the consumer. This is the same mentality as RIAA and DRM.Companies need to realize that consumers are tired of them dictating terms to them for money that they want from the consumer. RIAA wants you to pay them so they can tell you when and how you can play the music you bought. MPAA is exactly the same way. Cable companies want you to pay them for dozens (hundreds?) of channels you don't watch to get the few you do. Then Cable wants to dictate what times you're allowed to watch content that you're paying for with a hefty subscription fee.
isoscelesMay 10, 2007
I agree with direct and targeted advertising, but not that all content should or could be free.Plenty of people pay for cable and broadband Internet access which is simply paying for access to content. Plenty of people will pay for songs if appropriately priced. That's been proven to an extent. Remove DRM and more people will pay for downloads rather than buying cds.
damnyooneekMay 10, 2007
joost is a good concept and the program is nicely put together. its still a beta and i'm sure when things start rolling and the word gets out about them it will be a hit. i hope networks like abc, nbc, and cbs that provide streaming of their shows put it on joost.
xpankratMay 10, 2007
It might become a hit but only until ISPs that carry their own TV services start throttling Joost connections. Cable ISPs are an obvious example. But also traditional telcos are not far behind .. if not already here, which is a case with Canadian' Telus and its Telus TV service. With their ADSL links being barely enough for their own TV service, I seriously doubt they would think long about killing Joost traffic. Joost is an interesting project, but it appears to completely disregard the economics of the last mile (<a class="user" href="http://en.wikipedia.org/wiki/Last_mile).">http://en.wikipedia.org/wiki/Last_mile).</a>
buellerdiggsMay 10, 2007
rupert is fox / 20th century
macewanMay 11, 2007
@daborg (#6615089)wake me when I can watch it period
oceanviewdreamsMay 11, 2007
45m is a lot of money to make improvements and fix bugs. There's an article posted at <a class="user" href="http://metue.com/05-11-2007/joost-iptv-financing/">http://metue.com/05-11-2007/joost-iptv-financing/</a> thatseems to go be more in depth than many of the initial hits on the deal., including this TC story,