http://pulse2.com/2009/04/27/joost-shopping-for-cable-tv-buyer/ Sat, 21 Nov 2009 10:47:10 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://pulse2.com/2009/04/27/joost-shopping-for-cable-tv-buyer/comment-page-1/#comment-26717 April 28, 2009 | next media update Mon, 04 May 2009 17:20:00 +0000 http://pulse2.com/?p=14489#comment-26717 [...] Joost Shopping for Cable TV Buyer PULSE2 Niklas Zennström and Janus Friis founded Joost after the success they had with Skype and Kazaa. Joost is not exactly a success story despite all of the funding the company has raised. From Sequoia Capital itself, Joost raised $45 million. Now the company is in talks for an acquisition.Time Warner is in talks with the company according to a source with the Associated Press. Time Warner wants to buy Joost at a low price which is bad for Sequoia. Supposedly Comcast has already turned down buying Joost beause they already own a competing service called Fancast. Viacom and CBS both have also invested a considerable amount in Joost which makes a potential acquisition from a competing network even more interesting. Source> [...] [...] Joost Shopping for Cable TV Buyer PULSE2 Niklas Zennström and Janus Friis founded Joost after the success they had with Skype and Kazaa. Joost is not exactly a success story despite all of the funding the company has raised. From Sequoia Capital itself, Joost raised $45 million. Now the company is in talks for an acquisition.Time Warner is in talks with the company according to a source with the Associated Press. Time Warner wants to buy Joost at a low price which is bad for Sequoia. Supposedly Comcast has already turned down buying Joost beause they already own a competing service called Fancast. Viacom and CBS both have also invested a considerable amount in Joost which makes a potential acquisition from a competing network even more interesting. Source> [...]

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