Feeds

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

It has Katie Couric, now Purple Palace reportedly wants NDN

Build a business case: developing custom apps

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. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.