On Monday, ABC News and Yahoo released a statement in which the two companies revealed they will share content, from stories to photos and videos. The deal‘s purpose is, of course, to increase the number of viewers and the revenue.
ABC News and Yahoo have joined forces in the online was for power. And when power means number of viewers, two news providers sharing content is a guaranteed success. The two news providers will reach 100 million users a month and will redistribute content. And they have other plans, too. One is that they will introduce an online video programming that will include Newsmakers, Around the World with Christiane Amanpour and This Could Be Big. The editors from both companies will work on the content of the news and the texts, the photos and the videos will be posted on their websites.
Moreover, from now on, the statistics regarding the two companies will be reported as if it were one.
This is not the first collaboration between ABC News and Yahoo. Back in 2005, the two entities have signed an agreement regarding the sharing of video footage.
Yahoo is one of the best known web portals, including search engine, mail, news, maps and many more. Headquartered in Sunnyvale, California, the company was founded in 1995 and last year had a revenue of 6.324 billion dollars. Last year in September yahoo revealed its plan for the following three years, which included a revenue of 10 billion dollars and 10 billion users.