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October 07, 2005
Yahoo as "Public Enemy Number One" of Big Media
Posted by Dominic Basulto
Mark Glaser of Online Journalism Review says that Yahoo has emerged as "public enemy No. 1" of the mainstream media. Like it or not, old-time media conglomerates better start thinking of Yahoo as a media company:
"Yahoo is a media company; it has designs on doing original news and entertainment content tailored specifically for the Web; and it's time for old-line media companies to think hard about how they're going to compete. News Corp. and Barry Diller's InterActiveCorp have already showed their hands, rolling up all the Internet content they can buy. But the MSM is caught between a rock and hard place, because dozens of news outlets have licensed content to Yahoo News and rely on Yahoo and Google to do their online search, paid-search advertisements, and contextual ads."
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