Capital World Investors increases ownership of Yahoo!
Capital World Investors, a unit of Capital Research and Management has now doubled their stake in the internet media giant Yahoo! This information was revealed in a filing with the regulatory body.
The company now owns around 135.5 million Yahoo shares.
Market analysts say that they might [...]
Yahoo said to closing on a deal with Time Warner AOL
More rumors in the market related to Yahoo and Microsoft’s bid to acquire them.
Market sources are now saying that the internet media giant is closing in on a deal with Time Warner.
This possible deal would see Yahoo merging with AOL division of Time Warner.
This [...]
News Corp could partner Microsoft on Yahoo Bid
New York Times is reporting that News Corp is in talks with Microsoft on a possible collaboration on Yahoo acquisition bid.
News Corp was earlier said to be in talks with Yahoo on potential partnership to help them avoid getting acquired.
The news report quoted a source saying that the [...]
Hulu features programming from Warner Bros
News Corp and General Electric’s NBC Universal have launched their video sharing service Hulu.com.
The launch saw them making available programming content from Time Warner Inc’s Warner Bros Television Group, Lionsgate in addition to several sports league.
Viacom and CBS are the two major media networks which are still in talks with [...]
Hulu.com set to be launched today
News Corp. and NBC Universal have been working on the Hulu project which is expected to be launched to public sometime today.
The web based video service would provide access to ad-supported TV shows and movies. The two companies said that Hulu would feature more than 250 full-length episodes of popular [...]
Yahoo! has for now rejected the offer from Microsoft for a possible acquisition. The latest reports claim that the company is now exploring the possibility of collaborating with News Corp. to avoid getting acquired by Microsoft.
Yahoo! chief executive Jerry Yang spoke in a statement on the efforts being made to keep Yahoo! Independent: “Today, Yahoo [...]
Hulu.com launched in private beta
The latest player to challenge YouTube is finally out. Hulu.com has now been launched in private beta testing.
This new video sharing service has been launched in collaboration by NBC Universal and News Corp.
They are focusing on providing premium content rather than user generated media content which YouTube specializes in.
They plan to [...]
NBC Universal YouTube channel removed as they prepare to launch Hulu
NBC Universal has confirmed that they have now removed their channel from the Google owned YouTube video sharing service.
NBC is working on their own video hosting site codenamed Hulu.
They are working on Hulu project along with News Corp and the launch is expected to take [...]
News Corp hoping for USD 1 billion revenues from online services
MySpace.com parent company News Corp has said that they expect to make revenues touching USD 1 billion from their online services this fiscal year.
This is however below their previous expected figures exceeding USD 1 billion. They expect their margin to be around 20% of this [...]
