Holy cow. This is a big deal . There is no reason why TV networks need to exist the way they do. Hulu, Netflix and Amazon all produce original content and are perfectly positioned to disrupt them as their distribution volume increases. Even the current distribution channel is being disrupted by Aereo. Hulu is a a huge asset. If Yahoo gets in this game, they have a massive number of users, photos (flickr), blogposts (…
They tried to buy a majority share from dailymotion from Orange a couple of weeks ago, but it was blocked by the french governement (a big shareholder in Orange). Yahoo really wants a video service. I guess they want to come back to having a modern set of active services.
Governments screw everything up