James Delahunty
9 May 2007 12:19
Joost, the latest craze in the online video revolution has been given a boost with a deal that will see Warner Bros. Television Group content being made available through the service. This makes Warner Bros. the latest entertainment company to join the move to Internet video, both companies said on Monday after the deal was announced. No financial terms were disclosed.
Through the deal with Warner Bros., part of Time Warner Inc., Joost will now get a science fiction and celebrity channel this month. Joost has already signed up with Time Warner's Turner Broadcasting System Inc., Sony Corp.'s Sony Pictures Television and Hasbro Inc. for high quality full-length content.
Joost differs from services like YouTube, which host generally low quality short clips and favor amateur video (though are still loaded with unauthorized clips). It was created by the entrepreneurs behind the original Kazaa and of course, Skype. It is currently in public Beta phase.
Source:
Reuters