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November 15, 2007 7:32 AM PST

Joost launches commercial widgets. Coke, anyone?

by Caroline McCarthy
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Online video start-up Joost, which focuses on ad-supported professional content, made a few headlines (and raised a few eyebrows) for inking some big advertising deals with major corporations before the downloadable software was even open to the public. Until this point, most of those advertisements were traditional video advertisements that popped up before and in between clips on Joost.

That's no longer the case. On Thursday, Joost announced that Coca-Cola's European division has created the first "commercial widget" for the software. Called "Coke Bubbles," the downloadable advertising widget lets you choose a clip on Joost and then send it to fellow Joost users, appended with a note in the form of a "bubble."

So, in essence, it's a bit like those Pop-Up Video shows that VH-1 did back in the '90s, except not quite as customizable.

Social media advertising is still an extremely young sector of the industry, and plenty of observers are wondering whether it will actually work; many agree, however, that some element of interactivity needs to be present to bring the experience beyond a banner or video ad that will likely be ignored.

But according to Joost, widgets on the software will go beyond advertising. Coca-Cola has also partnered with Joost on an initiative to help more developers create applications for the video software; Joost will be holding "Developer Days" events in London on Friay, in Amsterdam on December 1, and in New York on December 7. (In London? The event will run from 1 p.m. to 6 p.m. GMT, at Wallacespace on 2 Dryden Street.)

Joost has also partnered with instant-messaging start-up Meebo to power chat operations among viewers.

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About The Social

CNET News' Caroline McCarthy is a downtown Manhattanite who believes that, despite popular opinion, the Web can actually help your social life. She's happily addicted to fun social-media tools from Twitter to Yelp to Facebook, sends an inordinate number of text messages, and has a tendency to waste time at the office reading restaurant blogs. Here, she explores all facets of the Web's gregarious side, as well as the unique tech culture in her home city of New York. (Don't call it Silicon Alley.)

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