Sobering news about the demise of Maven Networks and restructuring of Joost Technology trends and news by The last two days have been full of sobering news about the demise of Maven Networks and restructuring of Joost. While many have seen the writing on the wall for Joost who seemed to struggle to get a solid footing in the online video landscape as it changed its business model over the last few years. It reportedly burned through its $45 million in venture capital and has drastically slashed operations and shifted focus to provide "white label online video platforms for media companies, including cable and satellite providers, broadcasters and video aggregators." "In these tough economic times, it's been increasingly challenging to operate as an independent, ad-supported online video platform," said Mike Volpi, who has...
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