History
Origins
Yahoo!'s services originally came to Australia in 1997 with Yahoo! Australia launching on 1 September that year. [1]
Seven Media Group founded i7 in September 2000 as their online service. [2] In October 2001, Seven partnered with internet service provider AOL and established a joint venture called AOL7 in an attempt to boost the i7 platform. However, the partnership was unsuccessful with AOL reporting its biggest quarterly loss in U.S. history in April 2002, [3] and Seven and AOL later selling the venture to Primus Telecommunications in February 2004. [4] i7 was replaced by Seven's new website, Seven.com.au , soon afterwards.
AOL is an American web portal and online service provider based in New York City. It is a brand marketed by Verizon Media.
Yahoo7
Yahoo7 was founded in January 2006 as a cross-media entity which would expand the content distribution networks of both internet-centric Yahoo and broadcast corporation Seven Media Group (now Seven West Media). Yahoo7's logo incorporates Yahoo! branding with Seven West Media's red "7". Yahoo7 replaced Yahoo!'s Australian and New Zealand websites which had been in operation since September 1997, [1] taking on the majority of Seven's online operations in the process. Ryan Stokes, current chairman of Seven's Pacific Magazines division, said in a media release that the Yahoo7 entity would provide a "leading platform to engage the online audiences with the best global products and locally relevant media content for their connected lives". [5]
Pacific Magazines is a magazine publisher operating in Australia, owned by Seven West Media.
In December 2006, Yahoo7 expanded its presence in New Zealand by partnering with Telecom New Zealand to establish Yahoo!Xtra. The venture was rebranded as Yahoo! New Zealand in April 2011 after Telecom sold its 49% share back to Yahoo7.
New Zealand is a sovereign island country in the southwestern Pacific Ocean. The country geographically comprises two main landmasses—the North Island, and the South Island —and around 600 smaller islands. It has a total land area of 268,000 square kilometres (103,500 sq mi). New Zealand is situated some 2,000 kilometres (1,200 mi) east of Australia across the Tasman Sea and roughly 1,000 kilometres (600 mi) south of the Pacific island areas of New Caledonia, Fiji, and Tonga. Because of its remoteness, it was one of the last lands to be settled by humans. During its long period of isolation, New Zealand developed a distinct biodiversity of animal, fungal, and plant life. The country's varied topography and its sharp mountain peaks, such as the Southern Alps, owe much to the tectonic uplift of land and volcanic eruptions. New Zealand's capital city is Wellington, while its most populous city is Auckland.
Yahoo!Xtra was a New Zealand web portal that existed under that name from 2007 to 2011. It was a joint venture between Yahoo!7 and Telecom New Zealand. Yahoo!7 held a 51 percent stake in the company and Telecom NZ held 49 percent. Because Yahoo!7 is a 50/50 venture, Yahoo! proper was therefore a 25.5% owner of Yahoo!Xtra. Telecom announced in April 2011 that it had sold its share to Yahoo!7 and Yahoo!Xtra was rebranded as Yahoo! New Zealand.
In recent years, Yahoo7 has made a series of high-profile online acquisitions to supplement its core search and marketing businesses. The company purchased Australian sports tipping site OzTips in mid-2010 [6] and acquired Australian group buying site Spreets for $40m in early 2011. [7] Spreets saw its membership increase by 140 per cent to 1.18m since the acquisition. [8]
In March 2018, Seven West Media sold its 50% stake in Yahoo7 to Oath. This is despite earlier reports where Oath would sell their stake. By this time, Seven was in the process of uncoupling its services from Yahoo7, through the establishment of 7plus replacing Plus 7 and their travel website: 7Travel. The sale is set to go through by August this year. [9]
Warner Media, LLC, d/b/a WarnerMedia, is an American multinational mass media and entertainment conglomerate owned by AT&T and headquartered in New York City. It was originally formed in 1990 as Time Warner, from the merger of Time Inc. and Warner Communications. The company has film, television, cable, and publishing operations, and currently consists of the assets of the former Warner Communications, HBO, and Turner Broadcasting System. Its assets include WarnerMedia Entertainment, WarnerMedia News & Sports, and Warner Bros..
BBC UKTV is an Australian pay television channel in Australia and New Zealand, screening British entertainment programming, sourced mainly from the archives of the BBC, RTL Group and ITV plc. The channel was originally a joint venture with Foxtel, the RTL Group and BBC Worldwide. It is now owned solely by BBC Studios. It is the home of the channel's flagship programme The Graham Norton Show.
The Seven Network is a major Australian commercial free-to-air television network. It is owned by Seven West Media Limited, and is one of five main free-to-air television networks in Australia. Channel Seven's head office is in Sydney.
Nine.com.au is an Australian news and current events website, owned by ASX-listed company, Nine Entertainment Co. It was originally established as a 50:50 joint venture between Microsoft and PBL Media in 1997 as "Ninemsn." Microsoft sold its stake in the venture to Nine Entertainment in 2013 and the company was rebranded as Nine Digital in 2016. The website was rebranded to its current name Nine.com.au on 28 June 2016.
Seven Group Holdings Limited is an Australian diversified operating and investment group in the media, mining and construction industries.
Dailymotion is a European video-sharing technology platform primarily owned by Vivendi. North American launch partners included BBC News, VICE, Bloomberg, and Hearst Digital Media. Dailymotion is available worldwide in 25 languages and 43 localised versions featuring local home pages and local content. It has more than 300 million unique monthly users.
Nine Entertainment Co. Holdings Limited is an Australian publicly listed media company. Originally a 50/50 joint venture between Publishing and Broadcasting Limited and Consolidated Media Holdings, in June 2007 PBL announced that it would sell a further 25% to CVC Capital Partners for A$515 million. In September 2007, it was announced that the transaction was to go ahead at the increased purchase price of approximately A$526 million.
Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased The Sydney Morning Herald in 1841. The Fairfax family retained control of the business until late in the 20th century.
Prime Media Group Limited is an Australian-based media corporation, owner of regional television network Prime7 in eastern Australia and GWN7 in regional Western Australia. Prime Media Group's primary source of revenue is television advertising revenue, driven by its metropolitan sales teams "Seven Affiliate Sales" servicing major national advertisers.
WIN Corporation is a private Australian media company, that owns assets including the WIN Television network, Crawford Productions and several local radio stations. The company is based in Wollongong, New South Wales.
The following is a timeline of events of Yahoo!.
Robert Warren Pittman, is an American businessman. A media pioneer and consumer marketer who has consistently driven innovation across multiple platforms and industries, including radio, cable television, digital and mobile, Pittman has built and transformed companies throughout his career to match the evolving needs of the consumer. As Chairman and CEO of iHeartMedia, Inc., the number one audio company in America by reach, Pittman transformed a broadcast radio company into a 21st century multi-platform audio company. He also guided the company through a successful restructuring process.
Quickflix is an Australian and New Zealand streaming company offering a selection of movies over a range of smart TVs, games consoles, Blu-ray players, desktops, laptops, mobiles, tablets and other devices. Premium content, which includes the latest release movies, is available through Quickflix.
Bluprint is a subscription video on demand service majority-owned by NBCUniversal Direct-to-Consumer and Digital Enterprises. The service features online courses and other forms of video content surrounding crafts, hobbies, and lifestyle topics, as well as an online store that sells craft supplies and project kits that tie into the service's video content.
7plus is a video on demand, catch-up TV service run by the Seven Network. The service became available on 27 November 2017. 7plus also offers online live streaming of Channel Seven, 7TWO, 7mate, 7flix, 7food network and Racing.com.
