Hype And Reality For Joost -- No, Joost Does Not Lead The Way With Web Video
from the i-can't-believe-what-I-just-read dept
Well, first of all, Joost doesn't lead the way in web video because it still hasn't released a web version. Second, the claim of it leading "by any measure" seems hard to square up with nearly a dozen reports about Joost's prospects. In fact, about the only "measure" by which Joost may be leading the internet video space is in hype (or, possibly, bandwidth consumption). By nearly all other reports out there, Joost has been in serious trouble this year, with people not finding its limited content (and need for a download) all that compelling. In response, the company has ditched most of its ambitious plans to focus much more narrowly on a short-term strategy to help the company survive. The company has also had tremendous downtime and layoffs. Even Joost's own investors don't have much nice to say about the company. In other words, it's difficult to see how Information Week can declare in any way that Joost is somehow leading the market.