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Yahoo wants its own video streaming service and plans to pay out more than YouTube

The top site online for uploading and viewing video on the internet is YouTube by far, which is owned by search giant Google. Yahoo has attempted (and mostly failed) to encroach onto Google’s turf in the search world, but it’s not stopping the company from shifting resources to create a credible YouTube competitor.
Re/code indicates that Yahoo plans to launch the site within the coming months, and is even attempting to lure some of YouTube’s most infamous stars and networks (with cold, hard cash) to headline the new streaming site. Sources indicate that Yahoo plans to offer content makers improved ad revenue sharing or guaranteed ad rates for videos they post to the Yahoo site.

Yahoo CEO Marissa Mayer [Image Source: AP]
Yahoo is also preparing a new content management system for the endeavor that would be used for its own service, and plans to offer video makers extensive marketing on its home page and via other sources on a non-exclusive basis.
Yahoo could always jumpstart its video efforts by purchasing an existing service like Vimeo, but the company has already seen its previous efforts dashed. Last year, Yahoo tried to purchase French streaming video company DailyMotion, but the $300 million deal went up in smoke after French politicians balked at Americans getting their hands on a “French Internet success story.”

Source: Re/code

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RE: A quote from the movie Taken
By Reclaimer77 on 4/1/2014 10:54:59 AM , Rating: 2
You think to make something like YouTube today would only cost "millions" in development and servers?

Think again.

If what you're saying made sense, NONE of these billion dollar tech acquisitions would take place. Think about it.

RE: A quote from the movie Taken
By rsmech on 4/1/2014 11:07:59 AM , Rating: 2
Not that I am disagreeing with you but it's not the development and servers these billion dollar acquisition are for. I believe it's the user base (products) that's worth the billions. So Yahoo can buy the customers or hope to attract them by spending billions.

RE: A quote from the movie Taken
By Reclaimer77 on 4/1/2014 11:12:36 AM , Rating: 2
That was exactly my point when I sad "existing popular" service. Why do it from the ground up and hope to attract users? Just buy a service people are already using.

By Cypherdude1 on 4/1/2014 5:06:16 PM , Rating: 2
Yahoo Wants to Battle YouTube for Online Video Dominance
I think that ship has sailed.

By astralsolace on 4/1/2014 12:08:53 PM , Rating: 2
There are so many things wrong with this post. Those billion dollar tech acquisitions that Facebook, for example, has been making are essentially for the names only. They were small startups.. so, yes, they clearly cost pennies compared to "billions" Facebook paid to acquire them.

"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007
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