Adconion Media Group has secured nearly $34 million (£21 million) in a financing from Silicon Valley Bank. The ad network, which is based in London, will use the proceeds in support both acquisition and and general operations.

For all the fuss over Steve Burke laying out the planned structure for a post-approval Comcast-NBC Universal (NYSE: GE), you’d think this was something new. It’s not.

Joost isn’t dead, it’s just getting more advertising. Adconion‘s main aim in acquiring the video firm is to offer its web player to brand marketing clients, CEO Tyler Moebius told paidContent.org. But Adconion’s acquisition also includes the Joost.com trademark and rights for much of Joost’s TV content… Though Joost itself…

[With Staci D. Kramer] For weeks, Skype founders Niklas Zennstrom and Janus Friis have claimed in legal filings and through representatives to have evidence that former Joost CEO Michelangelo “Mike” Volpi put together an investment group to acquire the virtual phone company by promising access to a technology workaround. Now…

When the virtually wound-down Joost confirmed to us late last week that former CEO Mike Volpi has also exited as chairman, it didn’t tell us that owners had forced him out of the role. Now, in a statement via WSJ and elsewhere, it says: “Mr. Volpi was removed from the…

Joost was squeezed out of the market by broadcasters picking their own VOD channels instead of aggregators, acknowledges Mike Volpi, who resigned as CEO after abandoning the company’s consumer focus and has joined its equity holder Index Ventures as a partner. “The biggest lesson - people want to watch great…

From desktop app, to live streaming web TV service… to top of Britain’s biggest commercial broadcaster? It sounds like something of a wild card, but The Sunday Times says Joost CEO Mike Volpi is on headhunter Russell Reynolds’ shortlist to be named ITV (LSE: ITV) CEO. Volpi was silent on…

Joost has given us a “no comment” to reports it’s trying to sell itself. The site is pitching itself as an online video platform to cable and satellite providers, with *Time Warner* Cable amongst those to have “expressed interest”, according to anonymous sources cited by News.com. CEO Mike Volpi had…

Joost just soft-launched its long-awaited in-browser version. It’s throwing several errors (see the red bar in the screen grab) and crashed my browser eight times in a row but, with perseverance, I managed to watch Amy Winehouse buy burgers at a McDonalds drive-thru and an episode of Transformers. This version…

Joost, the once-hyped-but-struggling-for-relevance online video firm started by Skype founders, has made an interesting move with one of its minority investors: it has launched a Chinese version with Tom Group, with local language content from the likes of CCTV, China Record Corp, BTV Media, CAV Warner Home Entertainment and Huayi…

Joost will eventually reach the living room, isn’t planning a mobile launch but can expect more attention from one of its founding fathers. In Cannes for the Mipcom TV programming market, CEO Mike Volpi outlined the company’s strategy to paidContent:UK from a Riviera rooftop apartment. The overriding message - still…