March 22, 2008

I Don't Want My Web TV

joost-mike-volpi-large.jpg

Internet TV startup Joost, backed by CBS, was supposed to be as big as YouTube. Instead, it's in danger of being squeezed out as the networks scramble for a billion-dollar payday.

"This market changed so much in a year," Mike Volpi Joost C.E.O says. "It went from 'No one thought it was feasible' to 'Everyone is doing it.' "

[via Portfolio.com]

emily | 9:54 AM | Video on Demand | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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