Advanced Television

Adconion picks up Joost assets

November 25, 2009

Joost's been assets have been acquired by US online ad network Adconion Media Group. Adconion is also part funded by Joost backer Index Ventures.

Adconion PR told us that it plans to keep operating the consumer video service. Joost gave up the consumer online video market back in June, and decided to focus on white label services. Adconion says that fits well with its own business, as it recently expanded into video advertising.

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