9:44 AM Yahoo's (YHOO) acquisition of Dailymotion (previous) and its considerable video ad inventory from France Telecom (FTE) "is as good as done," two sources separately tell BI. Another source claims the purchase is part of a strategy to lower Yahoo's original content costs, acquire user-generated content, and focus on personalized consumption. One departed Yahoo exec isn't crazy about it. "Marissa may be a product genius, but Yahoo ... is an ads-for-content company, and she has shown no sign of recognizing that or valuing the profitable, good content businesses" Read comments
YHOO price at time of publication: $23.46. Check YHOO price now »
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Focus Articles on YHOO
- Stop The Search And Invest In Yahoo! by Abhishek Kastiya
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Press Releases on YHOO
- Yahoo! Announces Plans to Expand in Lockport, New York (Business Wire)
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Transcripts on YHOO
- Yahoo! Management Discusses Q4 2012 Results - Earnings Call Transcript
- Yahoo! Management Discusses Q3 2012 Results - Earnings Call Transcript
- Yahoo! Management Discusses Q2 2012 Results - Earnings Call Transcript
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