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.
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]
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.
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, 7NEWS.com.au becoming the home for Seven News, and their travel website: 7Travel. [9]
AOL is an American web portal and online service provider based in New York City. It is a brand marketed by the current incarnation of Yahoo! Inc.
Deutsche Telekom AG is a German telecommunications company that is headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. Deutsche Telekom was formed in 1995 when Deutsche Bundespost was privatized. Since then, Deutsche Telekom has featured among the FortuneMagazine top Global 500 companies by revenue, with its ranking as of 2022 at number 62. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile.
The original incarnation of Yahoo! Inc. was an American multinational technology company headquartered in Sunnyvale, California. Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995. Yahoo was one of the pioneers of the early internet era in the 1990s. Marissa Mayer, a former Google executive, served as CEO and President of Yahoo from 2012 until June 2017.
Spark New Zealand Limited is a New Zealand telecommunications and digital services company providing fixed-line telephone services, mobile phone services, broadband, and digital technology services including cloud, security, digital transformation and managed services. Its customers range from consumers to small - medium business, government agencies and large enterprise clients. It was formerly known as Telecom New Zealand until it was rebranded to Spark in 2014. It has operated as a publicly traded company since 1990. Spark's mobile network reaches 98% of New Zealand, with over 2.5 million mobile connections and 704,000 broadband connections
Vodafone Group Plc is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania.
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. The network's headquarters are located in Sydney.
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of December 2022, Globe's total mobile subscriber base reached 87.9 million. It is also the country's largest telecommunications company in terms of market capitalization.
Nine.com.au is an Australian news 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.
Nine Entertainment is an Australian publicly listed media company with holdings in radio and television broadcasting, newspaper publications and digital media. It uses Nine as its corporate branding and also prefers this usage to be used for the parent company.
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.
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.
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.
Craig Forman is an American entrepreneur, media executive, and former foreign correspondent who previously worked at The Wall Street Journal. He is currently a partner at NextNews Ventures, an early-stage private investment fund based in San Francisco. Forman is a non-resident fellow at the Shorenstein Center at Harvard University's Kennedy School of Government. He is also past President and Chief Executive Officer of McClatchy, operator of 30 media companies in 29 U.S. markets in 14 states.
Seven West Media Limited is an ASX-listed media company and is Australia's largest diversified media business, with an extensive presence in broadcast television, print and online publishing.
Nine Digital Pty Ltd is an Australian digital media company and subsidiary of Nine Entertainment Co.
9Now is a video on demand, catch-up TV service run by the Nine Network in Australia. The service launched on 27 January 2016, replacing Nine's previous service 9Jumpin. 9Now offers online live streaming of Channel 9, 9Gem, 9Go!, 9Life and 9Rush, as well as live news via nine.com.au.
Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. The resulting subsidiary entity was briefly called Oath Inc. In December 2018, Verizon announced it would write down the combined value of its purchases of AOL and Yahoo! by $4.6 billion, roughly half; the company would be renamed Verizon Media the following month in January 2019.
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 7, 7two, 7mate, 7Bravo, 7flix, Racing.com and 7Sport.
Cignal TV, Inc., also known by its legal trading name Mediascape Inc., is a Filipino media and telecommunications firm in the Philippines. A wholly owned subsidiary of the media conglomerate MediaQuest Holdings under the PLDT Beneficial Trust Fund, the firm operates its pay television services, subscription television networks, television and film entertainment production, and fiber broadband internet.
