Joost Does The Right Thing: Killing Desktop Version; Focusing On In-Browser - paidContent.org - Fri 1:14 pm ET
Joost, the once-hyped online video startup which was a non-starter with a desktop-only client, is now killing it, Om reports. It will go browser only, and will release a small plugin that would embed itself in the browser and allow you to grab files using the P2P technologies that was the underlying technology for its high-res video service.

Weekend Video: EconMusic Speaker Billy Bragg: The Great Leap Forwards - paidContent.org - Fri 1:07 pm ET
Did we mention that Billy Bragg is speaking at EconMusic, our London conference examining the digital music business on September 23? Billy has previously taken on MySpace for its policy on artist royalties and Bebo for building a fortune off musicians' work.

Connect2Media Buys Israeli-based RayFusion - paidContent.org - Fri 1:06 pm ET
London-based Connect2Media, a publisher of mobile content, which just merged with the European operations of Hands-On, said it has acquired RayFusion, an Israeli-based mobile content distributor.

Industry Moves: DRG; Hachette Filipacchi; ActiveVideo; Federated Medial; Innovyx - paidContent.org - Fri 1:05 pm ET
-- Digital Rights Group: Lee deBoer has been tapped to lead the UK distributor's new U.S. branch, Variety reports. A 20-year HBO vet, deBoer will now be responsible for acquiring rights from U.S. content creators and pitching shows to the UK for DRG.

Spectrum Bridge Raises $2 Million To Create Secondary Market For Spectrum - paidContent.org - Fri 12:20 pm ET
Lake Mary, Fla.-based Spectrum Bridge, which is headed by former Motorola executives, is launching SpecEx.com, which aims to create a secondary trading market for valuable spectrum.

Top Jobs Of The Week In Digital Media - paidContent.org - Fri 12:09 pm ET
Our latest choice jobs in digital media:

Mobile Content Porting Firm Tira Wireless Closes Down - paidContent.org - Fri 11:17 am ET
Tira Wireless, the Toronto-based mobile content porting company, has closed down, we have learned...we have been trying to contact the company for a week now, but no one has been responding to e-mails or phone calls, including senior management of the company.