CBS, Yahoo Join on Local News Video
Yahoo said Monday that it had signed an agreement with CBS owned-and-operated television stations to exclusively broadcast local news video online. Starting Tuesday, Internet users would be able to view videos from 16 stations.
Each station will post between 10 and 20 stories per day, with the user's local news station highlighted in the listing. Yahoo has also agreed to make CBS the exclusive provider of online news video, and will share advertising revenue with CBS.
Among the markets to be included in the service are CBS stations in New York, Los Angeles, Chicago, Philadelphia, San Francisco, Boston, Baltimore, Salt Lake City, Dallas, Minneapolis, Miami, Denver, Sacramento, Pittsburgh, Austin, and Green Bay.
It was not specified whether the agreement would eventually extend to the network's 200 or so other local television stations. Those are owned by companies other than CBS.
"One of our key priorities is to offer our users relevant and high-quality local news in each market, and with CBS we've found a partner that deeply understands the issues most important to the communities they cover," Yahoo head of news and information Scott Moore said.
The videos will be accessible from both the Yahoo front page, as well as within the news section of the site.