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Netflix, Hulu and … Yahoo? Why Marissa Mayer Wants Original TV Programming

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"While our video offering is still nascent, we have made some good progress in 2013," Marissa Mayer, Yahoo's CEO, told investors in an earnings call in January.

“While our video offering is still nascent, we have made some good progress in 2013,” Marissa Mayer, Yahoo’s CEO, told investors in an earnings call in January.

[MASHABLE.COM]

Marissa Mayer may soon take a break from acquiring companies and instead acquire some TV shows.

Yahoo is “close” to ordering four high-quality online TV series with budgets of as much as a “few million dollars” per episode, according to a recent report in the Wall Street Journal. This would effectively put Yahoo in competition with a different group of Internet companies, including Netflix, Hulu and Amazon.

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Freddie Allen is the Editor-In-Chief of the NNPA Newswire and BlackPressUSA.com. Focused on Black people stuff, positively. You should follow Freddie on Twitter and Instagram @freddieallenjr.

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