Joost Affected by the Recession, Stops Streaming TV Shows

The sad state of the economy has picked off another victim in the world of tech: Joost.

Though Joost itself will continue to exist, it'll be in a different capacity. Instead of streaming TV shows, its new focus will be on selling their video-serving technology to other media companies.

Does this mean we'll see Joost-like features on Hulu? And are they slowly coming apart, or do you think Joost will be able to find a new purpose in this economy?