JOOST, the online television service launched with a fanfare last year by the founders of internet telephony firm Skype, is preparing for a major retrenchment after failing to attract enough users and top-flight broadcasting rights.
The company is expected to rein in its global ambitions to focus solely on the US market.
Joost has been overshadowed by the success of the BBC’s iPlayer, and in America, Hulu, a collaboration between NBC and News Corporation, the ultimate owner of The Sunday Times.
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