Financial Times FT.com

UK arm of Joost put into liquidation

By Maija Palmer, Technology Correspondent

Published: October 14 2009 22:28 | Last updated: October 14 2009 22:28

The UK arm of Joost, the online video service founded by the creators of Skype and backed by big media investors, was put into liquidation this month after failing to find a buyer.

The liquidation is the latest stage in the decline of the Netherlands-based company, which launched in 2007 and offers professionally produced videos.

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