Thursday, September 28, 2006

Yahoo! invests in online video

Last night, I was talking with a friend who is in the class about Yahoo! and how it gets a myriad of pitches every day. Looks like someone, Jumpcut, got lucky!

http://www.techcrunch.com/2006/09/27/yahoo-has-acquired-jumpcut

As many of you know, Yahoo! recently launched a new service, Yahoo! Current TV, in a deal with Current TV, partly owned by Al Gore. (http://video.yahoo.com/currenttv) On this site, users upload their own videos. It's a typical Yahoo! site, in that it 's like something that exists (can you say YouTube?!) but with the trademark Yahoo! "human touch". You know, it's got that personal touch.

So, in line with this new move and complementing their large database of videos, it makes sense for Yahoo! to buy jumpcut, which provides a supposedly-simple way to edit and publish your own content. In short, you can do "mashups" with it (there's a Web 2.0 word if you ever heard one). Yahoo! is moving fast to stamp its own mark on online video, so I'm sure there's more to follow this announcement.

Here are a couple of other links relevant to this story.

http://jumpcut.com

http://www.ysearchblog.com/archives/000358.html

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