Looks like the final frame has been reached for Joost, the online video service originally started by Skype founders Niklas Zennstrom and Janus Friis and then eventually sold to the Adconion Media Group: Adconion today announced that it would fold in and rebrand Joost Media into smartclip, a video advertising company that it bought in November 2011.
The company says it is making the move in… → Read More
Advertising and content network operator Adconion this morning announced that it has acquired smartclip, a European digital video advertising startup.
Financial terms of the acquisition were not disclosed, but sources tell us this was an all-stock deal and no cash is changing hands in the transaction. → Read More
Advertising and content network operator Adconion this morning announced that it has acquired smartclip, a European digital video advertising startup.
Financial terms of the acquisition were not disclosed, but sources tell us this was an all-stock deal and no cash is changing hands in the transaction. → Read More
Adconion Media Group, the online advertising and content syndication network, today has secured nearly £21 million in financing from Silicon Valley Bank, which provides loans to UK- and European-based technology companies at various stages of their development.
The newly secured funds will be used to support both acquisition and “working capital requirements” to continue growing the… → Read More
Video distribution and monetization platform provider Joost, owned by Adconion Media Group since its assets were acquired in November 2009, is today announcing a global sales and technology partnership with online publishing powerhouse Demand Media.
Under the terms of the exclusive agreement, Demand Media will leverage Adconion’s video ad serving platform to deliver all premium video campaigns… → Read More
Straight out of left field, the Joost Video Network has assumed the number 2 spot in comScore’s Video Metrix “Top 100 Properties”, second only to Google.
The Joost network, which is now operated by Adconion after the company’s acquisition of the ill-fated European startup’s assets back in November 2009, claims a reach of 67 million unique viewers on a monthly basis. → Read More
Joost, the failed video venture started by Skype founders Janus Friis and Niklas Zennström, was put out of its misery in November 2009 when Adconion Media Group decided to pick up the remains of the company for an undisclosed sum.
Today, the international audience and content network operator is launching a suite of online video advertising products and services, targeting agencies and brand… → Read More
Adconion Media Group announced this morning that it has acquired certain key assets from Joost, the ill-fated online video service started by the infamous Kazaa and Skype founders Niklas Zennström and Janus Friis. The terms of the transaction were not disclosed, but it’s likely a firesale that isn’t bringing any returns to Joost’s investors.
Last June, Joost announced a change in its business… → Read More
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