Exclusive: In what is likely to be a major shift in the company strategy, peer-to-peer start-up, Joost is going to stop making its desktop client. The decision to suspend the client is likely to be announced soon, I am told. The company is going to a browser-only strategy where much of its content is going to be available through a browser-based player. Read the full story on GigaOM.
Don’t we already have a “Hulu”… this is really a bad move for them… best of luck Joost.