| Where does Overture Fit In?
Pardon my ignorance on this one... |
BillyS
msg:3652324 | 1:43 am on May 17, 2008 (gmt 0) |
I see folks at Yahoo beating their chests now that they've got some kind of pilot going on with Google, but how does Overture fit into this picture? They paid $1.6 billion for the company less than 5 years ago. What happened to that investment?
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Receptional Andy
msg:3653920 | 7:34 pm on May 19, 2008 (gmt 0) |
Originally, Overture's system was just rebranded as Yahoo Search Marketing and continued running as before. This system was then adapted and released as Yahoo Panama [google.com], their current PPC platform. If your question was more about why Yahoo would devalue that by outsourcing to another PPC provider, I would suggest it's a business decision - Google seemingly makes much more per visitor than the other PPC engines, and so could be much more profitable for them. Whether or not this is a good idea long term is a matter of opinion.
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BillyS
msg:3654086 | 11:50 pm on May 19, 2008 (gmt 0) |
That answers my question - they're ready to throw out a nearly $2 billion investment.
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