By Peter Elstrom - Oct 3, 2011 8:04 PM GMT+0700
Yahoo! Inc. and ABC News struck an agreement to share news-gathering operations and combine bureaus in New York, Washington and Los Angeles.
ABC News, part of Walt Disney Co. (DIS), will become the leading provider of news for Yahoo! News and editorial teams from the two companies will collaborate on stories for both websites, the companies said in a statement today.
“This relationship will give ABC News an unrivaled ability to reach across the Web, combining Yahoo!’s vast distribution and cutting-edge technology with our award-winning journalism,” said Ben Sherwood, president of ABC News.
ABC News will be used throughout Yahoo News sites and on Yahoo’s front page, the companies said. GoodMorningAmerica.com will launch on Yahoo today with three online-first videos, they said.
To contact the reporter on this story: Peter Elstrom at pelstrom@bloomberg.net
To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net
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