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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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From: tech1016/5/2007 4:55:39 PM
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[Finally, the Internet TV is reaching a point marketed by Joost that offers TVs on the Internet with:

· Commercially available contents (not produced my viewers)
· Full length (not 2 minutes clip)
· Full size (not 2 inch screen)
· It is streaming, not download
· Free and Supported by advertisement

However, Joost could be just a transient business model.

Now my next prediction: Most large content providers – TV networks, studios, universities, goverments, ... will start their own channel on the Internet without Google, Yahoo, MSN, Movielink, YouTube, … and Joost as well - since it is so easy to start a TV channel and the number of channels on the Internet is UNLIMITED. ]

seattlepi.nwsource.com

Joost names Mike Volpi as CEO

THE ASSOCIATED PRESS

AMSTERDAM, Netherlands -- Joost appointed Cisco veteran Mike Volpi as chief executive officer, the Internet-based TV service said Tuesday.

Volpi replaces Fredrik de Wahl, who will remain at Joost as chief strategy officer.

Known as a mergers-and-acquisitions expert, Volpi most recently managed Cisco's key routing and service provider group.

He quit Cisco Systems Inc. in February after 13 years, saying he was looking to join "an organization where I have my signature, my DNA, within it."

Volpi called Joost "a product with the potential to change the way video is enjoyed around the world," in a statement Tuesday.

Joost transmits video with peer-to-peer technology, which co-founders Janus Friis and Niklas Zennstrom used to launch the hugely popular Skype calling and Kazaa music-sharing services.

Skype proved so successful that it was purchased by eBay Inc. for $2.6 billion, but Kazaa drew the legal ire of the music industry because users downloaded music without paying for it.

No copyright troubles are seen at Joost, which promises to prevent piracy on its system. The company has signed deals with major television and film companies such as Viacom and CBS Corp. It also has advertising trials with Coca-Cola Co., Nike Inc., Microsoft Corp., Procter & Gamble Co., Sony Corp. and Visa.

To use Joost, viewers have to download and run its software, which is free, but currently available only with an invitation from existing members.

Joost is majority-owned by Friis and Zennstrom via their Luxembourg-based Joost Operations SA.
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