Friday, February 01, 2008

MicroHoo - Part 2

Yeah, this would be huge from the search and advertising perspective... but what about from the music angle?

MediaPost Publications - Microsoft/Yahoo Would Dominate Online Display, Rival Google In Search - 02/01/2008: "IN A DEAL THAT WOULD consolidate the Internet's No. 1 destination, Yahoo, and its fifth largest, MSN, Microsoft this morning made a bid to acquire Yahoo for a record-setting $44.6 billion. The deal, if completed, would mark the largest yet in the ongoing consolidation among the Internet's big bodied players, and would once again reset the playing field for online advertising industry. Regulatory considerations aside, the deal would seem to be a good 'take out' offer to Yahoo's shareholders. At $31 per share, Microsoft's bid represents a 62% premium over Yahoo's current stock value. Based on Thursday's closing price of $19.18 a share, Yahoo's market capitalization was $25.63 billion, according to Yahoo Finance."

I talked a bit about this last May when rumors first surfaced that a deal like this could be in the works. How would Yahoo's evolving music strategy fit with Microsoft's Zune/Xbox tact tactics?

No comments: