Seven West sells 50pc stake in Yahoo7

Original article by Dana McCauley
The Australian – Page: 26 : 29-Mar-18

Yahoo7 is expected to be rebranded following Oath’s deal buy Seven West Media’s stake in the digital joint venture. However, Seven will retain all of its branded news and TV portals, while it may continue to provide non-exclusive content to Oath once the joint venture is formally unwound. Seven West Media CEO Tim Worner notes that Yahoo7 has an audience reach of about nine million and is upbeat about its outlook under the ownership of Oath.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, YAHOO!7 COMMUNICATIONS AUSTRALIA PTY LTD, OATH INCORPORATED, YAHOO! INCORPORATED, VERIZON COMMUNICATIONS INCORPORATED

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