NewTeeVee:
» Joost gets $45 million in funding: "Investors lucky enough to put their money in Joost: Sequoia Capital, Index Ventures, Viacom, CBS and Chinese tycoon, Li Ka-shing."
- so in addition to getting the cash for further technical development and infrastructure, they have also managed to get two "incumbent" players (Viacom and CBS) on board - probably only a minor share as a vote of confidence, but interesting for the next steps none the less.
No doubt that the video market is going online as, step by little step, convergence is finally just around the corner for the mass market - blurring the boundaries of PC and TV into a world of choice and convenience
