Source: http://news.digitaltrends.com/article12995.html
Already a dominant player in the online video arena, MySpace announced Tuesday that it would be offering “branded channels” alongside its traditional user-uploaded videos. Many of MySpace’s planned content partners already overlap with Joost’s. National Geographic, Reuters and LX.TV all already serve up video on the rival network. MySpace does, however, have a lot of other content up its sleeves, including animated shorts from around the world on the Animation Show, compiled online video on The Daily Reel, how-to shows on Expert Village, gaming coverage on IGN Entertainment, MTV-esque programming on Kush TV, male entertainment on RipeTV, automotive shows on OctaneTV, hip-hop shows on Flow, extreme sports on Studio411, underground shows on VBS.tv, and celebrity coverage on Young Hollywood.
“The upcoming branded channel launch continues the growing momentum of MySpace Video,” said Jeff Berman, General Manager of Video and SVP of Public Affairs for MySpace, in a statement.

[...] team behind online TV-project Joost notes MySpace’s new steps on its team-blog but with no added comments. Joost is taking a different [...]
Note that the blog “site name” does not necessarilly mean that it is owned and operated by the official Joost Team. So don’tt read too much into the post.
Don’t worry… I do chat with official Joost Team members once in a while and so far they do not have any issue with my blog “site name” not belonging to them.
They may chose to comment if they feel like it or feel the need to.
Cheers!