Joost - Internet TV By Skype Founders

The guys who shake the communication world and created Skype is unveiling their new project called Joost, an internet based TV service. Niklas Zennstrom and Janus Friis, who cashed in around $2.6 billion in 2005 from selling Skype to Ebay is taking advantage of P2P technology to empower Joost and its video distribution technology.

By downloading Joost browser, users will be able to select clips and channels. They are planning to partner up with TV and film producers in order to bring in more videos content, however that is one challenge Joost might hit a hurdle. Joost will be supported by Ads and it is now available on Beta.