Joost says Game Over
Viacom sues YouTube for $1bn and invests in Joost, as the media world’s P2P friend raises the stakes with its $45M raise. I presume most of this will go on content related Minimum Guarantees and building a fanstatic media management backend. Wow. The battle lines are drawn between Google and the Media world. And Index keeps floating into the stratosphere. Fantastic stuff.