Yahoo scrapped a deal to buy 75% of the online-video website Dailymotion from France Télécom after pressure from the French government for U.S.-based Yahoo to settle for less than a majority stake in the French site.
Bella Fairchild's insight:
Yahoo Says NO! To Buying 75% Of Dailymotion a French Video Site.
Today at Disrupt NY 2013, Flipboard CEO Mike McCue said that publishers are facing a huge reduction in ad revenues. Publishers have seen revenues go from dollars in print, to dimes on the web, to pennies on mobile.
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