Yahoo has shut down its Yahoo Screen on-demand streaming video hub, according to news reports. The hub’s offerings included a National Football League game played in London, licensed clips of shows such as “Saturday Night Live,” and a number of original series, including “Community.” The company had to write off $42 million in losses stemming from running original series, Yahoo’s third-quarter report states. Video was one of the four areas CEO Marissa Mayer had banked on to turn the company around.
Loading ...
Yahoo Rolls Up Screen
Posted by: Richard Adhikari January 6, 2016 03:02 PMYahoo has shut down its Yahoo Screen on-demand streaming video hub, according to news reports. The hub’s offerings included a National Football League game played in London, licensed clips of shows such as “Saturday Night Live,” and a number of original series, including “Community.” The company had to write off $42 million in losses stemming from running original series, Yahoo’s third-quarter report states. Video was one of the four areas CEO Marissa Mayer had banked on to turn the company around.