Yahoo! News & ABC News Expand Video Content Agreement

December 14, 2006; 12:45 AM
Yahoo! News announced an expanded video content agreement with ABC News which increases the amount and visibility of ABC News video available on Yahoo! News. As the premier provider of video content to Yahoo! News, ABC News will provide expanded daily content packages that include breaking news stories across a variety of categories, as well as additional features and interviews, including video segments from "Good Morning America." The agreement is an extension of the current relationship between ABC News and Yahoo! News, which began in September 2005. All of the video will be available for free to Yahoo! users, and will be advertising-supported.

"Yahoo! News' relationship with ABC News has played an important role in offering our users the world's best journalism over the past year," said Scott Moore, head of news and information, Yahoo! Media Group. "Video streams on Yahoo! News have increased more than ten-fold over the past year, so we have no doubt that additional content from one of the most recognized brands in news will be met with great enthusiasm by our audience."

The ABC News video will continue to be integrated throughout Yahoo! News (http://news.yahoo.com), including on its front page, within relevant story pages, and in other special sections of the site.

"We are thrilled to be the premier content provider for one of the leading online global resources," said Bernard Gershon, senior vice president and general manager, ABC News Digital Group. "At ABC News, our digital strategy is to have the most trusted and up-to-the minute news content available to consumers anywhere, anytime, on any device. This expansion further emphasizes our commitment, as well as Yahoo!'s, to providing consumers with exactly that."

About Yahoo!

Yahoo! Inc. is a leading global internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! seeks to provide online products and services essential to users' lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users around the world. Yahoo! is headquartered in Sunnyvale, California.

About Yahoo! News

Yahoo! News (http://news.yahoo.com) is the largest news site on the Web. Offering consumers news from dozens of news outlets, and a News Search tool that searches more than 8,000 news sources, Yahoo! News is a leading platform for breaking news, offering up-to-the-minute access to every important story happening. Yahoo! News is part of the globally branded Yahoo! network that reaches hundreds of millions of unique visitors each month.

About ABC News

More Americans get their news from ABC News than from any other source. Through its platforms on television, radio, and the Internet, ABC News reaches on average more than 215 million people each week. ABC News programs are seen in 88 countries worldwide. ABCNEWS.com is part of the ABC News Digital Media Group, which also includes ABC News Now, the most extensive live and VOD news content offering in the marketplace today, ABC News International, ABC News Productions, and VideoSource, ABC News' library of historic news events dating back to 1963.

SOURCE: Yahoo! Inc.