Joost – the streaming video service that started as a P2P client, failed, and went back to the Web – has partnered with Netlog, the MySpace-like social Netlog prominent in continental Europe.

Netlog’s 40 million users can now access Joost’s video library directly from the social network’s home page. It’s a significant distribution deal for Joost, which only recently started getting traction when it switched to in-browser streaming.

It will also help keep Netlog’s users, 60 per cent of whom are between 14 to 24 years old, amused.