Boston, MA 07/23/2014 (wallstreetpr) – The Pre Theatrical Release Experiment
Partnering with Weinstein Company, Yahoo! Inc. (NASDAQ:YHOO) has announced pre theatrical release of the Film “One Chance” on Yahoo Screen. This is a part of the Yahoo’s tireless effort to bring something new to doorstep of its users. Both the Weinstein Company and Yahoo are thrilled of this experiment. One reason is being that the “Once Chance” is a wonderful real life story from the director of “The Devil Wears Prada” that the audience would be excited about.
The Yahoo and Live Nation Entertainment Partnership
Yahoo! Inc. (NASDAQ:YHOO) and Live Nation Entertainment (NYSE:LYV) have joined hands to provide live streams of concerts to the pleasure of millions of fans in the musical entertainment industry. The live concert streams were set to be available from July 15, 2014. The streams of videos on Yahoo screen would cover wide range of music genre, from rock, pop, hip hop to electronic ones. The companies have roped in various bands and artists like The Kooks, MKTO, Airborne, Usher, Justin Timberlake and John Legend. Live events generally being widely accepted choice of fans in present day world, these live shows on Yahoo screen is a wonderful leap for the company serving a fan base of 800 million.
Hopes to Flourish with Flurry
As a brave step for its better tomorrow, Yahoo has purchased Flurry, a San Francisco based start up, a mobile advertisement and analytics company. The amount involved in the acquisition is not disclosed but is set to be at around $300 million dollars by the investors. From an almost negligible presence in the mobile advertising world, Yahoo hopes to build its presence in the same by attracting audience that use mobile apps and personal advertisements. This step of Yahoo! Inc. (NASDAQ:YHOO) is similar one to other key players in business like Google Inc (NASDAQ:GOOGL) and Twitter Inc (NYSE:TWTR) that are embracing the mobile apps and advertisement world aggressively.
The Alibaba Count Down
Due to some unexpected events at Yahoo, China based dotcom giant Alibaba Group has delayed its IPO in the U.S. Yahoo! Inc. (NASDAQ:YHOO)was expected to go public in August by the investors but the present set time is somewhere in September 2014. The delay is by product of the U.S regulators whose feedback the company is waiting for to set the terms of conditions for the IPO. The Alibaba Group is expected to sell the stocks at 22% less than the expected by the investors to give room for positivity and encouragement to the potential investors.