Rich Fiscus
14 Oct 2007 20:27
This month marked the switch from beta to release status for Joost, marketed as the world's first broadcast quality internet television network. According to the company, over 2 million people have already downloaded the required player application during the beta period, and over 100,000 shows have been downloaded per day since the October 1 launch.
"The Internet will start off showing traditional entertainment but eventually users and content creators will use the capabilities of the Internet to create some amazing entertainment," said Mike Volpi, who heads up Joost. The service is being showcased at this week's MIPCOM convention, an annual global convention for A/V producers and distributors.
Joost's launch comes ahead of competitors that are eventually expected to include television networks. That could make it difficult for Joost to get some of the high profile television shows Volpi is counting on to remain 100% advertiser supported.
Source: Yahoo News