Limelight Networks completes Edgecast acquisition to become Edgio

CDN service provider Limelight Networks has completed the acquisition of Yahoo-owned Edgecast, with the merged company to operate under the banner of Edgio. The all-stock transaction was initially announced in March, with Edgecast valued at approximately US$300 million. Yahoo will own 31.9% of the new company via 80.8 million shares of Limelight common stock and […]

Yahoo and Tubi extend SSP partnership

Yahoo has extended its partnership with Fox-owned AVOD service Tubi. The extended partnership will build on Yahoo and Tubi’s supply-side (SSP) relationship, and offer Yahoo demand-side platform (DSP) advertisers direct access to Tubi’s AVOD content library. Yahoo’s unified advertising technology stack, facilitates buy and sell-side capabilities as well as an exchange. DSP customers will now […]

Verizon sells off Verizon Media unit at huge loss

Verizon has announced the sale of its media businesses for US$5 billion The sale includes brands Yahoo and AOL, and is a tacit admission of failure in the media and advertising world following a heavy investment in the space. Both brands are being sold to Apollo Global Management for around US$5 billion, almost half of […]

Mediaset secures victory against Vimeo in latest copyright ruling

Mediaset has claimed another victory in its battle against copyright infringement by online video services with a legal judgement against Vimeo. The Court of Rome has ordered the online video portal to pay close to €5 million in damages and €80,000 in court costs after it was found guilty of hosting copyright material from the […]

Yahoo news content launches on The Roku Channel

Verizon subsidiary and Yahoo parent company, Oath, has partnered with Roku to launch Yahoo video content on The Roku Channel in the US. The deal covers live and linear news from Yahoo News, Yahoo Finance, HuffPost, Makers and Yahoo Sports – including long-form content, live daily programming, recurring series and special events. The move comes […]

Twitter streams US NFL football

Twitter yesterday streamed US NFL football for the first time, making live video coverage of the Thursday Night Football game between the New York Jets and the Buffalo Bills available without authentication to the social media platform’s 800 million users worldwide. Under the terms of the deal between the pair, the NFL will stream a […]

Hulu ditches free service, Yahoo steps in

Hulu is canning its ad-supported streaming and catch-up service with a chunk of the free content moving to a Yahoo View, a new service from the ISP. The core Hulu services will be paid-for US$7.99 (€7.20) and US$11.99 SVOD services. The news comes soon after Time Warner bought into the on-demand business for US$583 million, […]

Kudelski settles patent litigation with Apple

Switzerland-based TV technology specialist, Kudelski Group, has agreed a patent license agreement with Apple, ending a legal tussle between the two firms. In a statement, Kudelski described the with patent agreement as “comprehensive” and said that under the deal the companies have agreed to “dismiss all pending patent litigation”. In 2014 Kudelski subsidiaries Nagravision and […]

Verizon to buy Yahoo assets for US$4.8bn

Verizon has agreed to buy Yahoo’s core internet operations for US$4.83 billion (€4.4 billion). Yahoo will be integrated with AOL under Marni Walden, EVP and President of the Product Innovation and New Businesses organisation at Verizon. The sale does not include Yahoo’s cash, its shares in Alibaba Group Holdings, its shares in Yahoo Japan, Yahoo’s […]

Tumblr gears up for live video launch

Yahoo-owned blogging platform Tumblr is gearing up to launch a new live video service today, according to cryptic messages posted to the site. A domain now hosts a number of short video clips that include the message “live video on Tumblr launches June 21, 2016”. Though details of the service have not been formally […]

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