BI Chinese station in January 5 daily Road
YAHOO has issued a statement, announced the closure of its online video content on demand platform Screen Yahoo. The move marks the YAHOO CEO Marisa
Investors on Yahoo's performance becomes more and more dissatisfied, Meyer is under enormous pressure to improve performance, and the closure of the online video platform Yahoo screen may is Yahoo will take a greater change and closing more product action of precursor. YAHOO last October has issued a warning, the next few months will be narrowed focus.
Yahoo in a statement said that Yahoo screen platform holds video copyright will be respectively by its administration of other departments, especially the digital magazine. YAHOO says:
Yahoo Screen is YAHOO in 2011 October launch, is on demand platform TV, film and drama's network. Meyer took over as CEO before the launch of this platform, but Meyer will flow media video service as its leadership to revive Yahoo is one of the important pillars. Under his leadership, Yahoo has spent heavily to expand their video content category, the acquisition of American TV series of "community" and the Saturday night live "of copyright, American football league tournament live right, at the same time the recruitment of famous anchor Katie
But this strategy does not seem to get the return of YAHOO's expected. In October last year, Yahoo confirmed because the community "(from season 6 began from the hands of the NBC took the copyright of investment mistakes, to $42 million in assets impairment. Prior to this, in charge of YAHOO media business executives Casey
Restore Yahoo is taking steps to restructure its operations, Meyer lead Yahoo to three years of efforts have failed, did not help the company stagnant income growth, many people even speculated that the Internet portal could become a takeover target. In stripping of Alibaba shares by investors against, Yahoo in December said Yahoo is making plans to spin off its core Internet business, the establishment of a separate listed companies.
At the same time, in recent months, more than YAHOO executives have left the company, the company's share price has plummeted by nearly 40. YAHOO is also seeking to sell large tracts of land in the city of Santa Clara in California, YAHOO has plans to build a new headquarters there. (Feng Fan)