Tag Archives: digital media company

Yahoo! Appoints Scott Thompson Chief Executive Officer

SUNNYVALE, Calif. — Yahoo! Inc., the premier digital media company, today announced the appointment of Scott Thompson as Chief Executive Officer, effective January 9, 2012 , at which time Tim Morse will resume his role as Chief Financial Officer. Thompson has also been appointed to the Company’s Board of Directors, effective January 9, 2012.

Thompson served most recently as President of PayPal, a division of eBay, where he continued his established track record of growing businesses by driving customer engagement built on strong technology platforms. Under his leadership, PayPal solidified its lead as the global online payment service, expanding its user base from 50 million to more than 104 million active users in 190 countries worldwide, increasing the number of merchant partners to more than 8 million globally, and growing revenues from $1.8 billion to $4+ billion in 2011. (more…)

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Yahoo! and ABC News Launch Premier News and Information Alliance

Powerful combination leverages Yahoo!’s massive reach, content breadth, and technology with ABC News’ leading brands, trusted anchors, and global newsgathering operation

Debut of GoodMorningAmerica.com on Yahoo! offers audience new ways to continue the conversation before, during and after the broadcast 24/7

Yahoo!’s and ABC News’ new exclusive slate of original online video programming kicks off today when ABC News anchor George Stephanopoulos interviews President Obama live from the White House

NEW YORK–(BUSINESS WIRE)— Yahoo!, the premier digital media company, and ABC News today announced a strategic alliance that will enhance and transform the delivery of news and information across the digital landscape. This multifaceted relationship blends Yahoo! News’ unmatched audience, as well as its depth and breadth of content, with ABC News’ global newsgathering operation and unrivaled lineup of trusted anchors and reporters. Yahoo! News and ABC News reach a combined audience of more than 100 million people in the U.S. each month on PCs, mobile devices and tablets. (more…)

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Yahoo! Sports and Gow Broadcasting Hit the Radio Airwaves with Yahoo! Sports Radio

*No. 1 online sports destination announces new relationship with leading sports radio network*

SUNNYVALE, Calif.– Yahoo!, the premier digital media company, and Gow Broadcasting, LLC (formerly Mission Media Group, LLC), today announced the launch of Yahoo! Sports Radio. The new, national sports radio network can be heard on over 180 affiliate radio stations across the country, Sirius Satellite Radio, and a number of digital and mobile partners. This partnership enables Yahoo! Sports — the No. 1 destination for online sports with more than 50 million monthly unique users — to reach its avid fans in the largest local sports markets across the country.

“Yahoo! Sports Radio builds on our leadership as the No. 1 sports site online and creates a national and local outlet for our brand and talent,” said Ken Fuchs, VP Yahoo! Media Network. “As Yahoo! Sports covers the biggest events, stories and athletes on and off the field, our partnership with Gow Broadcasting will provide more access to our users and solutions to our advertising partners that want to connect with them wherever they consume sports.” (more…)

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Yahoo! to Sponsor Short Film Program at the 2012 Sundance Film Festival

*Yahoo! to premiere select short films from the Festival online and launch online audience award*

SUNNYVALE, Calif.-– To further demonstrate the company’s commitment to the creative community, Yahoo!, the premier digital media company, today announced it is the Official Sponsor of the Short Film Program at the 2012 Sundance Film Festival, which runs January 19-29, 2012 in Park City, Salt Lake City, Ogden and Sundance, Utah.

As a sponsor, Yahoo! will premiere a select number of short films from the Festival on Yahoo! Movies, a leading online movie destination that reaches 27.5 million users per month. Consumers will also be able to vote for an audience award, which will be presented to the winning filmmaker at the Short Film Awards party taking place during the Festival. (more…)

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Yahoo! to Acquire 5to1; Extends Advertising Leadership and Publisher Relationships

SUNNYVALE, Calif.–(BUSINESS WIRE)-– Yahoo! Inc., the premier digital media company, today announced it has signed a definitive agreement to acquire 5to1 Holding Corp. (OTC BB: FTOH). 5to1 is an online advertising alliance consisting exclusively of major media publishers. Built on a proprietary publisher-controlled platform, 5to1 offers top brand advertisers premium inventory at mass scale. The acquisition of 5to1 will enable Yahoo! to build upon its publisher partnerships and expand its premium inventory. (more…)

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Yahoo! Inc. Releases Statement Regarding Alipay

SUNNYVALE, Calif.–(BUSINESS WIRE)— Yahoo! Inc., issued the following statement in response to recent media reports regarding the timing of the restructuring of Alipay:

On March 31, 2011, Yahoo! and Softbank were notified by Alibaba Group of two transactions that occurred without the knowledge or approval of the Alibaba Group board of directors or shareholders. The first was the transfer of ownership of Alipay in August 2010. The second was the deconsolidation of Alipay effective in the first quarter of 2011. (more…)

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Yahoo! Sets Records With The Royal Wedding; Drives Largest Traffic Day for Single Event

*Names Jai Singh Editor-in-Chief of Yahoo! Media Network*

SUNNYVALE, Calif.–(BUSINESS WIRE)— Yahoo! Inc. drove its largest traffic numbers for a single event last week when the world turned to the company for coverage of the Royal Wedding. Over a 24-hour period on Friday, April 29, 2011, Yahoo! drove more traffic and video to its coverage of the wedding than any previous event. (more…)

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Yahoo! Introduces Search Direct – A Simpler Way to Find Answers Fast

*New Yahoo! search technology adds immediate, rich media content, going beyond just links* 

SUNNYVALE, Calif., March 23, 2011 – Yahoo!, the premier digital media company, today announced Search Direct, which delivers answers and direct access to websites before you complete a query, hit the search button, or go to a search results page. This search innovation supports Yahoo!’s strategy to fundamentally shift the way people experience the Web – by providing the richest, most integrated content faster and more efficiently. 

This new feature, currently in beta, taps into Yahoo!’s unique opportunity to combine content and structured data and to provide a rich search experience. Search Direct predicts search results as fast as a person types, character by character, and presents those results dynamically, generating a fast, simple search experience that goes beyond a list of blue links.  Search Direct rolls out in a public beta to Yahoo! users across the U.S. today, and will be available in other Yahoo! products and markets later this year.  (more…)

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