Financial Times FT.com

Joost video website up for sale

By Kenneth Li in New York

Published: April 24 2009 00:22 | Last updated: April 24 2009 00:22

Joost, the ambitious online video service created by the founders of Skype and Kazaa that has lagged more well-financed rivals, is up for sale, people familiar with the matter said.

Time Warner Cable is understood to be one potential interested party, a person familiar with the discussions said, but added that a deal was “unlikely.”

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