Two guys Janus Friis and Niklas Zennstrom, who founded music sharing network Kaaza and the VOIP service Skype (which was sold to eBay Inc. for around $2.5 billion in 2005) announced another new project - the Venice Project, which is now renamed as Joost (www.joost.com).

The site is still in beta and inviting users to sign up and test the new service and report problems.  I have signed up about 10 days ago and finally got the invitation email.

Tried it last night and it was quite a different experience in terms of how one can enjoy TV shows.  The interface is quite nice although not totally intuitive.  The streaming quality of the video is also acceptable.  Right now the problem is their limited content (as expected Paris Hilton was there …).  I spent about 10 minutes and quit their application.

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