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Inside Online Video

February 13th, 2008

Yahoo Buys Maven Networks for $160 Million

Yahoo has long mulled building a YouTube competitor on Flickr, and now they’ve purchased a piece of that puzzle.
Fresh after rebuffing Microsoft’s $44 billion purchase bid, Yahoo Inc. bought online-video technology provider Maven Networks for $160 million. Maven and Yahoo announced the deal today.
Yahoo will use Maven to expand both its video and video advertising […]

By Mike Abundo -- 1 comment