Apr 01
Its no secret that Yahoo wants to take on YouTube. The Google owned video site is the largest in the world, boasting over 12.6 billion views in January, according to stats released by comScore. Obviously catching up to it will take a lot of time. Yahoo has tried acquiring stakes in major online video sites in the past but it hasn’t exactly been too lucky. Apparently now it has set its sights on video syndication service News Distribution Network. According to the Wall Street Journal, people briefed on the matter claim Yahoo may pay as much as $300 million for NDN.
Yahoo’s Charge Against YouTube May Be Fuelled By $300 Million Acquisition original content from Ubergizmo. 
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