Joost doesn't reach second birthday, May '09

Shiv Bhandari — Fri, 02 May 2008 03:21:50 -0700

There has been a lot of negative talk about Joost recently.

According to Melissa Chang on The Standard, it "seems to be crashing just as Hulu is getting its wings. In early April Joost began restructuring and plans to refocus its services on U.S. only. This is a major blow as the international market was one area in which Joost had a major advantage over Hulu."

And don't forget YouTube.

Moreover, Joost requires users to download and install a client application. If Joost ever does get a Web interface this year, which has been promised, it might just be too late in the marketshare game.

This is a prediction that Joost will shut down, or be acquired, by May 2009.

This prediction will be judged favorably if an official announcement stating the closure or acquisition of Joost is released before May 5, 2009.

Bets will close on April 27, 2009, and judgment will be made on May 5, 2009, unless an announcement is made sooner.

(Ed. Note: some minor word changes have been made by The Standard to clarify the rules of this prediction)

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Joost doesn't reach second birthday, May '09