A little less than two weeks ago, we ran a pretty inexact headline: "Yahoo Eyes Maven Networks For $160 (Or So) Million." But today, an official press release came out, and in our eyes, validated everything by stating, "Yahoo! acquired Maven Networks for approximately $160 million."
Maven Networks is an online video platform provider, and its customers include entities like CBS Sports, Gannett, The Financial Times, Fox News, Hearst, Ogilvy, Sony BMG, and Sony Pictures Television. By joining
Yahoo, Maven will hardly upend any pending deal with Microsoft, but it may add a little value to the equation.
Advertising is, after all, one of the most-mentioned aspects of the potential Yahoo-Microsoft arrangement, and video advertising is more or less the leading (profitable) edge in this field. Mobile advertising is newer, but, well, it stinks.
On the Yodel Anecdotal blog, Hilary Schneider drives the point home by writing, "Forrester estimates that online video advertising will grow to more than $4 billion in 2011."
So we'll see where the acquisition of Maven takes Yahoo. And just in case you were wondering, neither Yahoo's blog post nor its press release makes any mention of Microsoft.
Publish A Comment
| Popular WPN Business Resources |
-

Goodbye Vista, Hello Windows 7
Microsoft released its latest edition of Windows on October 22nd to... -

Social Media Trends That Indicate the Future
Where are we going with social media? That question is asked very... -

Time to Get Serious about Social Media
According to Chris Brogan, the President of New Marketing Labs, we...
iEntry 10th Anniversary
RSS
Newsletter
Advertising





















Advertising is, after all,
Advertising is, after all, one of the most-mentioned aspects of the potential Yahoo-Microsoft arrangement, and video advertising is more or less the leading (profitable) edge in this field. Mobile advertising is newer, but, well, it stinks.