6683

econsultancy_xml

According to the paper, <a href="http://www.microsoft.com">Microsoft</a> and <a href="http://www.viacom.com">Viacom</a> have also held discussions with the site in the last year, while <a href="http://www.businessweek.com/technology/content/mar2006/tc20060327_215976.htm">BusinessWeek</a> reported in March that the company had turned down a $750m offer and hoped to raise $2bn through a sale. Facebook, which says it has over 9m members, recently signed a big <a href="/blog/200-microsoft-inks-ad-deal-with-facebook">advertising agreement with Microsoft</a>, reportedly guaranteeing it $200m in revenues over the next three years. So it will be interesting to see how expensive a deal for the site is, especially as big media firms are also circling other social media outfits such as YouTube and Bebo. If it’s over $1bn, that would underline what a good deal Rupert Murdoch got when he paid less than $600m for the much more popular <a href="/blog/058-what-myspace-means-to-murdoch-s-space">Myspace</a> a few months ago, particularly in light of its three-year, $900m ad agreement with Google last month. But leaving the price aside, this would also seem a smart deal for Yahoo!; both for traffic generation and to further its online community and social search strategy. That has seen it launch its <a href="/blog/222-yahoo-debuts-answers-in-uk">Answers social search tool</a> this year, as well as its recent purchase of bookmarking site <a href="http://del.icio.us/">del.icio.us</a>.

<FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>According to the paper, <Link URL="http://www.microsoft.com" Window="New">Microsoft</Link> and <Link URL="http://www.viacom.com" Window="New">Viacom</Link> have also held discussions with the site in the last year, while <Link URL="http://www.businessweek.com/technology/content/mar2006/tc20060327_215976.htm" Window="New">BusinessWeek</Link> reported in March that the company had turned down a $750m offer and hoped to raise $2bn through a sale. </Paragraph> <Paragraph>Facebook, which says it has over 9m members, recently signed a big <Link URL="/blog/200-microsoft-inks-ad-deal-with-facebook" Window="New">advertising agreement with Microsoft</Link>, reportedly guaranteeing it $200m in revenues over the next three years.</Paragraph> <Paragraph>So it will be interesting to see how expensive a deal for the site is, especially as big media firms are also circling other social media outfits such as YouTube and Bebo. </Paragraph> <Paragraph>If it’s over $1bn, that would underline what a good deal Rupert Murdoch got when he paid less than $600m for the much more popular <Link URL="/blog/058-what-myspace-means-to-murdoch-s-space" Window="New">Myspace</Link> a few months ago, particularly in light of its three-year, $900m ad agreement with Google last month. </Paragraph> <Paragraph>But leaving the price aside, this would also seem a smart deal for Yahoo!; both for traffic generation and to further its online community and social search strategy. That has seen it launch its <Link URL="/blog/222-yahoo-debuts-answers-in-uk" Window="New">Answers social search tool</Link> this year, as well as its recent purchase of bookmarking site <Link URL="http://del.icio.us/" Window="New">del.icio.us</Link>.</Paragraph> </FormattedContent>

2006-09-22T08:52:00+01:00

econsultancy_xml

Speculation is growing that Yahoo! is close to a $1bn deal for social networking site <a href="http://www.facebook.com">Facebook</a>. <a href="http://online.wsj.com/article/SB115880835590769754-search.html?KEYWORDS=facebook&COLLECTION=wsjie/6month">The Wall Street Journal</a> reports that Facebook is in "serious discussions" to sell itself to the search engine and portal, following months of reported takeover bids from big media players.

<FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Speculation is growing that Yahoo! is close to a $1bn deal for social networking site <Link URL="http://www.facebook.com" Window="New">Facebook</Link>.</Emphasis> </Paragraph> <Paragraph> <Link URL="http://online.wsj.com/article/SB115880835590769754-search.html?KEYWORDS=facebook&COLLECTION=wsjie/6month" Window="New">The Wall Street Journal</Link> reports that Facebook is in "<Quote>serious discussions</Quote>" to sell itself to the search engine and portal, following months of reported takeover bids from big media players.</Paragraph> </FormattedContent>

false 270

For background on online PR and social media more generally, It's worth reading our (free to registered users) <a href="http://econsultancy.com/reports/online-pr-and-social-media-trends-briefing">Social Media Trends Briefing</a> (June 2009). Econsultancy has also published <a href="http://econsultancy.com/reports/social-media-and-online-pr-digital-marketing-template-files">Social Media and Online PR Template Files</a>, which you can adapt and use for your own projects. For innovation in this space, download our <a href="http://econsultancy.com/reports/innovation-report">Innovation Report</a>.

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Yahoo! reportedly close to Facebook deal false

2006-09-22T10:04:00+01:00

yahoo-reportedly-close-to-facebook-deal

2009-04-28T22:33:49+01:00

2009-10-13T08:36:41+01:00

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