Feeds

Yahoo! keen! to! slurp! news! video! distie! site!

It has Katie Couric, now Purple Palace reportedly wants NDN

Top 5 reasons to deploy VMware with Tegile

Yahoo! is reportedly chatting up the folks at online video service News Distribution Network for a potential acquisition worth $300m.

Sources whispered to the Wall Street Journal that the Purple Palace is in talks to slurp NDN for around $300m, although the negotiations are only in the early stages so they could still fall apart.

Yahoo! first touted the idea of acquiring NDN before current chief exec Marissa Mayer joined in 2012. Mayer's strategy since she joined the firm has been to try to get more services across Yahoo! linked up and filled in so that users spend a long time on its system watching ads. Additional video along with services like email and search would help the company keep eyeballs for longer.

The company has been attempting to expand its video offerings for a while now, with a number of potential acquisitions coming and going. The firm tried to get a stake in French video site Dailymotion last year, but talks with owner France Telecom eventually petered out, reportedly because the French government didn't want an American web firm controlling a French internet success story. Yahoo! was also keen on bidding for Hulu, but its owners eventually decided not to sell the video-on-demand service.

NDN would have something to offer both in terms of video and to Yahoo!'s effort to beef up its news offering. The firm gathers videos from partners like local TV news stations and then syndicates them to bigger news outlets like the Associated Press. To make money, it sells ads along with the videos, keeping a portion of the revenue.

Mayer has already started work on improving Yahoo!'s news and video, surprising a lot of people when she spent a reported $6m hiring talk show host and ex-evening news anchor at CBS Katie Couric to become the first ever global anchor for Yahoo! News. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.