Monday, February 1, 2010

AP Signs Yahoo Deal

Just now from AP: "The Associated Press has signed a licensing deal with Yahoo Inc. that gives the news cooperative a steady stream of revenue at a time less money is flowing in from newspapers and broadcasters.

"The announcement by both companies Monday didn't disclose the financial terms of the agreement. The AP says it is still negotiating to renew its online licensing agreements with two other companies with far deeper pockets, Google Inc. and Microsoft Corp. Google stopped posting fresh AP content on its Web site in late December."

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