Yahoo to feature McClatchy international news
NEW YORK (Reuters) - Yahoo Inc. will offer international news from reporters working with U.S. newspaper publisher McClatchy Co., including a blog written by Iraqi staffers, the companies said on Wednesday.
The project will be called "Trusted Voices," and feature coverage from McClatchy foreign correspondents based in the Middle East, China and Latin America, among other regions.
Yahoo plans to launch the coverage on its news site early in the second quarter of 2007. The companies did not disclose financial terms of the deal.
One of the first projects is called "Inside Iraq," a blog written by Iraqi staffers based in McClatchy's Baghdad bureau.
McClatchy journalists in Cairo, Jerusalem and other locations will contribute stories and blog posts to the project, and provide Yahoo users with other sources for more information.
McClatchy, which publishes the Miami Herald, Sacramento Bee and Kansas City Star, is one of the top U.S. newspaper publishers in terms of circulation.
Like many other publishers, it is searching for ways to make more money online as advertising and circulation trends at its print newspapers weaken.
McClatchy shares were down 19 cents at $31.42 on the New York Stock Exchange. Yahoo shares were down 26 cents at $31.29 on the Nasdaq stock market.