Yahoo and newspapers: One good screw deserves another

Yahoo and a consortium of 176 newspapers from seven chains have agreed to share content, advertising and technology, sayeth The New York Times this week.

Yahoo needed the deal to keep pace with Google, which signed a similar deal with 50 papers. So Yahoo climbs into bed beside an industry with a failed business model that Yahoo, Google, Craigslist, Emily’s List and other database-searchable sites helped kill.

The newspapers needed to find new sources of revenue. So they climb into bed with one of the online marauders that stuck the financial shiv into their business plans.

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