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May 11, 2007 | From Times Wire Services
Joost, an Internet-based TV service being launched, said it had raised $45 million from five investors including CBS Corp. and Viacom Inc. Index Ventures and Sequoia Capital were the lead contributors. Joost, which has offices in New York, transmits video with peer-to-peer technology, which co-founders Janus Friis and Niklas Zennstrom used to launch the Skype calling and Kazaa music-sharing services.
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BUSINESS
June 5, 2007 | From Times Staff and Wire Reports
Joost, the Internet television service, has named longtime Silicon Valley executive Mike Volpi as its new chief executive. Volpi, 40, spent the last 13 years at Cisco Systems Inc., playing an active role in its acquisition strategy. He met Joost's founders, Niklas Zennstrom and Janus Friis, while evaluating their previous venture, Internet phone service Skype, for a potential investor. He later served on Skype's board of directors.
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BUSINESS
June 5, 2007 | From Times Staff and Wire Reports
Joost, the Internet television service, has named longtime Silicon Valley executive Mike Volpi as its new chief executive. Volpi, 40, spent the last 13 years at Cisco Systems Inc., playing an active role in its acquisition strategy. He met Joost's founders, Niklas Zennstrom and Janus Friis, while evaluating their previous venture, Internet phone service Skype, for a potential investor. He later served on Skype's board of directors.
BUSINESS
May 11, 2007 | From Times Wire Services
Joost, an Internet-based TV service being launched, said it had raised $45 million from five investors including CBS Corp. and Viacom Inc. Index Ventures and Sequoia Capital were the lead contributors. Joost, which has offices in New York, transmits video with peer-to-peer technology, which co-founders Janus Friis and Niklas Zennstrom used to launch the Skype calling and Kazaa music-sharing services.
BUSINESS
February 21, 2007 | From Bloomberg News
Viacom Inc., owner of MTV Networks and Paramount Pictures, said Tuesday that it planned to deliver free films and television shows through Joost, a rival to YouTube run by pioneers of Internet calling and music sharing. The companies didn't disclose the terms of the agreement, which is multiyear, said Jeremy Zweig, a spokesman for New York-based Viacom. Joost's website is expected to begin operations sometime next month.
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