Joost to launch with million users by year's end

After several months of private beta-testing and some interesting rumors about hardware partners, it looks like Joost, the peer-to-peer IPTV service from the creators of Skype and Kazaa, will be ready to launch later this year. Co-founder Niklas Zennström told reporters at a press event in Romania that the online video service has signed up several content providers and "around 30 Tier One" advertisers, and that the million-user private beta is on track for general release "by the end of the year," although he didn't say exactly when. We've been hearing some interesting things about the Joost service model, it'll be interesting to see whether or not it takes hold with consumers the way the company thinks it will.

[Via TV Squad]