Joost to become available to US only?
April 6, 2008
This would really be a sad news… but if the timesonline.co.uk it will be the case. Below are some excerpts from the news:
JOOST is preparing for a major retrenchment after failing to attract enough users and top-flight broadcasting rights.
The company is expected to rein in its global ambitions to focus solely on the US market.
It has struggled to convince media and sports companies to sell it global rights, which are normally parcelled out to broadcasters country by country.
Joost has also suffered from senior defections. Chief technology officer Dirk-Willem van Gulik jumped ship for the BBC earlier in the year.
“We are not shedding staff, There are some situations where staff have been rea-ligned to better fit our needs.”
Joost is unlikely to close, however. “There are too many egos involved,” said one former employee.
Update:
Joost has apparently denied the story.
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