Wednesday, November 25, 2009

Joost Sells Its Name and Most of Its Assets - DealBook Blog - NYTimes.com

I hope the buyers read the fine print, given eBay’s experience with Skype…

Joost, the struggling video Web site, said on Tuesday that it was selling most of the company to the Adconion Media Group, an online advertising and marketing company, for an undisclosed amount. The acquisition ends a long sales process that at one point was thought to involve possible interest from the cable television operators like Time Warner Cable and Comcast.

Joost Sells Its Name and Most of Its Assets - DealBook Blog - NYTimes.com

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