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Yahoo, Newspapers Mulling News/Classifieds Partnership?

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There has been speculation that with CareerBuilder up for grabs (at least some part of it) that Yahoo may bid for it along with certain newspapers, and other such speculative combinations.
Jon Fine finds that another slightly different one is in discussion: Yahoo and a loose consortium of newspaper publishers are mulling a partnership that would include online classifieds, local news, and content packages based on general themes, like travel. This could drive more traffic to Yahoo’s help-wanted site HotJobs, which trails its key competitors, and bolster future Yahoo moves into local offerings, the story says.
I find this interesting: there’s a push to get the newspapers an equity stake in the venture. Would be interested to know how this sits (if it happens) in comparison to the newspaper groups’ JV Classified Ventures. Is it CV breaking up or some other subset of that?
The story says the groups involved are Hearst Newspapers and MediaNews Group, both of which run daily papers near Yahoo’s Sunnyvale HQs. McClatchy was involved earlier, but pulled back coz of Knight Ridder acquisition, says the story.
For now, it is all summer speculation…maybe this story will gives execs some more ideas.

Jul 13, 2006 10:08 PM ET

Posted In: Media & Publishing, Newspapers, Companies, Yahoo

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