Yahoo Is In Talks To Buy Online Video Service NDN For $300 Million

Cirullo - Il Fatto Digitale da Business Insider

It seems like Facebook isn’t the only one looking to expand lately.

Yahoo is in talks to buy online-video service News Distribution Network (NDN), according to a report in The Wall Street Journal, citing anonymous sources. According to those sources, Yahoo could pay up to $300 million in the deal.

NDN, a video syndication service, is the fourth-largest video site, with 573 million video views. (Yahoo is fifth, with 384 million.) It doesn’t make any of its own videos — it has a collection of 100,000 videos, and makes those clips available to sites such as the Los Angeles Times, New York Daily News and Bloomberg.

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Source: BusinessInsider.com

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