Our Take:

Yahoo is potentially planning to sell off its Internet businesses–like Yahoo News, Yahoo Mail and Tumblr, according to Forbes. The news was originally reported by the Wall Street Journal (subscription required). The company’s board is meeting this week to consider its options. Yahoo had planned to spin off its investment in Alibaba, that would be worth around $30 billion, but due to potential IRS disapproval it may take another course. One analyst say the move could value the Internet businesses more highly, while another predicts possible buyers could be Comcast, AT&T/DirecTV, Verizon/AOL, Disney and CBS. Yahoo’s stock went up nearly 7% after the news broke Wednesday.

These may be the last days for Marissa Mayer at Yahoo. But perhaps that’s good news for investors.

Read More at Forbes

The Daily


Editor’s Note

Cablefax Daily is taking a break for Thanksgiving and will return with

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up


Dec 3
Cablefax Program Awards Call for Entries
Dec 7
Most Powerful Women Celebration Register to Join Us in NYC to Celebrate!
Full Calendar


Seeking an INDUSTRY JOB?

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.