agreement

News Byte

Land Shark, Two Wild and Crazy Guys and Schweddy … Yahoo Adds 38-Year SNL Archive to Site

Kara Swisher in Media on April 24 at 5:07 pm PT

Yahoo CEO Marissa Mayer said in a blog post that the Silicon Valley Internet giant had reached an agreement with Broadway Video to “feature Saturday Night Live content exclusively on Yahoo! The partnership gives Yahoo! users exclusive access to the entire 38-year archive of SNL content as well as clips from the current season.” While a lot of the content has already been widely available across the Web (on Hulu and NBC.com, for example) for years — thus, kind of stretching the idea of “exclusive” a bit — having it all in another place online, as the Church Lady says: “Isn’t that special?”

News Byte

Yahoo Exec Reses Joins Alibaba Board

Kara Swisher in News on December 4, 2012 at 8:53 pm PT

Alibaba Group said that top Yahoo exec Jackie Reses had joined its board of directors, taking over a slot most recently held by the company’s former CFO Tim Morse and also previously held by Yahoo co-founder and former CEO Jerry Yang. Reses was named EVP of people and development in September, overseeing human resources and corporate development at the Silicon Valley Internet giant. The board of the Chinese e-commerce company, in which Yahoo still holds a large stake — about 23 percent fully diluted — after selling a multi-billion-dollar chunk recently, also included Alibaba’s top execs Jack Ma and Joe Tsai, as well as SoftBank’s CEO Masayoshi Son. Japan’s SoftBank also has a major investment in Alibaba. As part of the buyback agreement with Alibaba, Yahoo has relinquished the right to a second seat.