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	<title>Entertainment Daily &#187; Us-tec-joost-restructuring</title>
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	<pubDate>Mon, 11 Jan 2010 09:02:09 +0000</pubDate>
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		<title>Joost exits consumer online video business, to focus on serving businesses</title>
		<link>http://blog.taragana.com/e/2009/07/01/joost-exits-consumer-online-video-business-to-focus-on-serving-businesses-13254/</link>
		<comments>http://blog.taragana.com/e/2009/07/01/joost-exits-consumer-online-video-business-to-focus-on-serving-businesses-13254/#comments</comments>
		<pubDate>Thu, 02 Jul 2009 04:07:42 +0000</pubDate>
		<dc:creator>Deborah Yao</dc:creator>
		
		<category><![CDATA[Entertainment]]></category>

		<category><![CDATA[Entertainment And Media Technology]]></category>

		<category><![CDATA[Entertainment Distribution]]></category>

		<category><![CDATA[Financing]]></category>

		<category><![CDATA[New York]]></category>

		<category><![CDATA[Online Distribution]]></category>

		<category><![CDATA[Personnel]]></category>

		<category><![CDATA[Restructuring And Recapitalization]]></category>

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		<category><![CDATA[Us-tec-joost-restructuring]]></category>

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		<description><![CDATA[Struggling online video startup Joost, begun with much fanfare in 2007 by the same people behind Skype and Kazaa, is restructuring its business after discovering that it can&#8217;t survive on advertising to fund its operations.

The chief executive, Mike Volpi, has stepped down but will remain as chairman.
The London-based company said it will shift its focus .... Read the original article &nbsp;: <a href="http://blog.taragana.com/e/2009/07/01/joost-exits-consumer-online-video-business-to-focus-on-serving-businesses-13254/">here</a>.]]></description>
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