Yahoo Partners With ABC News To Strengthen Its Position In Online Media Market

Must Read

Can CBD Gummies Be Beneficial For College Students?

College students often feel more pressure than they have ever—or will ever—feel in their entire lives. Many students are...

Reliance Jio Buying Spectrum From Rival Bharati Airtel Is A Win-Win Deal

In what can only be called an unlikely deal between two rivals, Reliance Jio will be acquiring some spectrum...

After Amazon, Flipkart To Introduce EVs In Last-Mile Delivery: Partners With Mahindra Logistics!

The electric vehicle wave is taking over India in full swing and Flipkart is the latest entrant in the...

Yahoo is trying its level best to save it sovereignty in online media market. Few months earlier company had fired it CEO Carol Bartz, since she was unable to boost up the market condition. Company – once the pioneer of digital media market – has been downgraded from its position in past few years. Speculations are being made that company is up for sale but it doesn’t look alike. Rather, it is concentrating on its media arm to uprise from its recent economic condition. Today company has announced the tie-up with ABC news to provide media news as well as live coverage of New York news.

Both companies have already work together in past as they have an agreement of video-sharing since 2005.

It will be good news for Yahoo users that they will get the web videos as well as stories. In the deal it has been mentioned that both the companies will reach 100 million users’ monthly and will redistribute contents including GoodMorningAmerica.com (which is now on Yahoo).

Advertisements

Yahoo is going through rough patches these days as revenue falls from $7,208.50 in 2007 to $4,431 in current year. As well as, market valuation of the company also been decreased from $44.6 billion (price which was offered by Microsoft to Acquire Yahoo) to $17.4 billion in present year.

Yahoo and ABC news will introduce original web video programming which comprises of Newsmakers, Around the World with Christiane Amanpour and This Could Be Big.

It will be good news for Yahoo as well as ABC news employees that both companies editorial team will collaborate and provide the most happening and breaking news on both websites.

Both companies’ news team will also provide live coverage of events which will take place in New York, Washington D.C and Los Angeles, scheduled for broadcast through Yahoo online sites. With this new collaboration Yahoo has been benefited from all sides. It share price rose by 4 percent, got a video interview of Barack Obama with ABC news as well as investors have also welcomed this deal.

Below Video will provide more clear views about Alliance between Yahoo and ABC News:

Advertisements

httpv://www.youtube.com/watch?v=dIdvnRvFgwQ

Lets hope this new alliance will help Yahoo for future expansions. Readers please give your views.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

What is the Value of Auditing a Marketing Campaign?

As a general rule, reviewing business best practices is not considered an exciting task. Rather, most business leaders would...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This