Thursday, April 25, 2013

YHOO: In the kind of content deal one normally...

8:21 AM In the kind of content deal one normally associates with Netflix or Amazon, Yahoo (YHOO) has gained exclusive rights to Saturday Night Live's 38-year archive, as well as clips from the current season. Though overshadowed by YouTube, Netflix, and Hulu, Yahoo has a sizable online video business - comScore estimates Yahoo served 331M videos to 43.6M unique viewers in the U.S. in February - but the business badly needs to improve its mobile reach. The SNL deal comes amidst reports Yahoo is looking to buy Dailymotion (big in France) from France Telecom. Read comments

YHOO price at time of publication: $24.75. Check YHOO price now »

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