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    Yahoo, at about 3.5 billion daily page views, is the most visited website in the world. In 2008, it had a profit of $424 million on $7.2 billion in revenue. Not too shabby, unless you compare it with 2005, when the company had a profit of $1.9 billion on revenue of $5.3 billion. Last spring, after a prolonged dance, it finally rejected Microsoft’s takeover bid at $33 per share, or about $50 billion. Yahoo now trades in the range of $12, for a market cap of $17 billion. — Ad Age

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  • February
    5

    Today’s headlines, Feb. 05

    Thursday February 5 2009 - 7:04AM

    • QC rocker CHOI-FM one step short of having licence pulled
    • Corus trims a dozen heads from Info 690 in Montreal
    • Changes to TV licence renewals worry arts group
    • Halifax Herald fires a quarter of its newsroom staff
    • HB chops 1000 jobs
    • Humber students’ incredible homemade radio
    • BSkyB scores three year soccer rights exclusive for $1.4B
    • Monet’s field of flowers fetches  £11M at auction
    • Concert biz merger a potential Wal-Mart for brand deals
    • Performance Rights Bill back on the table in US
    • NAB calls Performance Rights  Bill a record label ‘bailout’
    • Springsteen one of  many voicing concerns over events monopoly
    • Azoff apologizes to Springsteen over ticketing abuse
    • E Street Band Super Bowl tracks pre-recorded?
    • Music continues to help drive video game sales
    • Digital challenge reflected in WMG Q1 figures
    • Google: A latent music titan to rival Apple
    • New app enables BlackBerry Storm to access iTunes
    • DTV conversion pushed back until June in US
    • Obama hires another RIAA lawyer
    • Obama, McCain knock protectionism out of bill
    • UMG loses another round in Veoh infringement suit
    • RIP: Cramps singer Lux Interior, aged 62

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