Yahoo said Monday that it has added more free video programming to its site, but the Web portal said it would start charging consumers for some streamed content by the end of the year.
Through a syndication deal with Carsey-Werner Distribution, Yahoo visitors can now watch episodes of the little-known sitcom "Townies" as well as classic commercials, celebrity interviews, movie clips and music videos. The company also said it plans to Webcast a Sting concert, air a conference for victims of the September 11 tragedies, and Webcast cooking videos through a deal with Allfood.com.
Terms of the deals were not disclosed.
Monday's video-content deals come as Yahoo works to create paid services with the potential to ease its deep reliance on advertising, which made up 80 percent of its revenue in the third quarter. That lopsidedness helped contribute to a 44 percent decline in overall revenue at the Web portal from the same period last year.
News source: ZDnet
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