The Venice Project, from Kazaa and Skype founders Niklas Zennström and Janus Friis, has been dubbed this week Joost (though since they're Scandinavian, I don't know if it's pronounced yoost or with the English j). Here's a sampling of articles.
In John Walko writes:
... The service, which combines file-sharing software and broadcast television over the Internet, is expected to launch by June and is already undergoing private trials in a number of countries and with several content providers, including companies such as Dutch TV-production group Endemol and Warner Music. Some advertisers such as T-Mobile and chewing gum maker Wrigley are already backing the venture. ¶ The backbone of what is now called Joost is a secure P2P streaming technology that allows content owners to bring TV-quality video and ease of use to a TV audience, though Zennström and Friis stress it is not a file-sharing application or a video download service. ¶ Like other "on-demand" services, Joost will let viewers watch a show when they like and pause and rewind programmes. According to the founders, the main aim is to improve the quality of video content viewed online on sites such as YouTube. The service will be funded through advertising once subscriber numbers have picked up. ...
Link: EE Times. Thanks to Ralph Hogan for the tip.
From Anders Bylund, Meet Joost: Skype founders' video service renamed and relaunched. Link: Ars Technica.
The Joost press release.
Also see, Is Joost The Answer for Internet TV? by Mike Sachoff. Link: WebProNews. --Dennis