"People are looking for increased choice and flexibility in their TV experience, while the entertainment industry needs to retain control over their content," said Joost Chief Executive Fredrik de Wahl. The number of channels that will be available on the service has not been revealed.
Friis and Zennstrom invested money they both received from eBay after the sale of Skype in the new service.
Source:
Reuters
Written by: James Delahunty @ 16 Jan 2007 18:32