Yahoo! enters into deal with 176 US newspapers - Instablogs
Yahoo! enters into deal with 176 US newspapers
Jayanta Bhattacharya , New Delhi: Nov 20 2006
Made Popular Nov 20 2006
Yahoo! is going to work with seven newspaper groups that include 176 regional newspapers. These newspapers would start using Yahoo! HotJobs classified job site from December. The deal is much broader than that though. Both Yahoo! and the consortium...
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This trend has of course leased a new life to the newspaper industry as it was struggling to raise its ad revenue which was constantly falling. The latest decision of selling ads for newspaper taken by Google and Yahoo will definitely help the industry to raise its revenue.
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Other big brands should follow yahoo! in restoring the traditional print media. Because it is the newspaper that played a pivotal role in the development of web-journalism. Now it is on the verge of decline in wake of 24×7 news channels and online newspapers. The revenue of newspaper is steadily dwindling in the last few years.
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