Viacom Signs Web Content Deal With Joost
Viacom, a leading global entertainment company, and Internet television platform Joost said they have signed a web content deal, confirming press reports.
The news comes just two weeks after Viacom demanded its content be pulled form YouTube.
Under the agreement, Viacom's divisions -- MTV Networks, BET Networks and Paramount Pictures -- will provide television and other programming via Joost, a new Internet service that specializes in commercial video content.
The financial terms of the deal were not disclosed.