Joost

Joost is an upcoming system that allows the sharing of TV shows and other videos over the internet using peer-to-peer technology. The creators, Niklas Zennström and Janus Friis, are also the creators of Skype and Kazaa. The development of this system started in 2006 and it was developed under the name "The Venice Project". Teams of about 150 software developers from about six different cities were assembled by Zennström and Friis. Zennström reported in the July 25th, 2007 Skype press conference that over a million beta testers have signed up for Joost, and that it will be launched some time near the end of the year. The teams and FOX networks are currently negotiating about the system.