Monday, November 20, 2006

Yahoo and Newspapers


Busy posting day today.

Wanted to leave one comment on the Yahoo deal with newspapers. I like the fact that Yahoo made a bold move and I hope it works (I am rooting for Yahoo to come back - and for full disclosure I own the stock). However, while the upsides of the local salesforces, cross-media selling opportunities and local job placements are obvious, I want to point out one potential medium/long-term concern.

We all recall the days where the press was abuzz with "Getting Amazoned". "Getting Amazoned" meant that your company (start up or big retailer alike) got in the path of the giant online retailed and you would be beat into submission by Amazon's better logistics and cheaper prices. Well the "Getting Amazoned" of 1999 is the same as getting "Craigslisted" in 2006. Craigslist is the better, faster, cheaper, clubbier classified ads and HAS traction in ALL major cities and many smaller ones The newspapers in major metropolitan areas were already getting craigslisted. Will this drag Yahoo with it as well?

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