Joost, TOM team for Web venture
FROM VARIETY: New site will feature 16,000 hours of content
By Clifford Coonan and Patrick Frater of Variety -- Video Business, 7/23/2008
JULY 23 | FROM VARIETY: BEIJING – Internet video firm Joost, started by the founders of Skype, is today launching a venture in China.It has teamed up with the Hong Kong-based TOM Group and will bow a jointly branded service joost.tom.com with 16,000 hours of content. This is licensed from local creators including CCTV, China Record Corp, BTV Media, CAV Warner Home Entertainment and Huayi Brothers Media Group, according to news agency reports.
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