12 May 2007

CBS, Viacom Give Joost $45M Boost

Already a Joost beta tester. IT works. Still has a few hiccups but on most occasions, when i can view the entire episode, it is Telvision.
Internet TV broadcaster Joost landed $45 million in financing, pulling in capital from a list that includes CBS Corp., Viacom and Sequoia Capital.

"This funding represents a tremendous vote of confidence in Joost's platform," said Janus Friis, co-founder of Joost. "We've carefully selected these investors from a variety of interested parties, as they are best-in-class in their respective arenas and bring unique assets to Joost that will enable us to significantly accelerate growth and development of the Company."


Why an interest with Joost when this blog is about SBC. IP TV is just a heartbeat away from VoIP and SBC. It is biderectional and has a one to many relationship with the users.

Click on an scheduled ad or a link posted in the program for more information regarding the product. A viewer, in a Rich Content Program, can see a necklace being worn by an on screen character and get information about that prop. "My girlfreind would really like that necklance!" Just click on the prop.

Until the next post,

Steve

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