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Belo and Yahoo! reach deal for video news clips

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A man checks his cell phone outside the Yahoo! booth during the Consumer Electronics Show (CES) in Las Vegas, January 7, 2008. REUTERS/Steve Marcus

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Credit: Reuters/Steve Marcus

NEW YORK | Wed Jan 9, 2008 12:04pm EST

NEW YORK (Reuters) - Belo Corp. plans to designate 13 of its television stations as the exclusive provider of local news video to Yahoo in those markets, the companies said on Wednesday.

With the deal, Yahoo plans to host dozens of local news video clips each day, provided by Belo's TV stations. The clips will run in the local section of Yahoo News.

The companies will share advertising revenue generated from the video clips.

(Reporting by Paul Thomasch; Editing by Derek Caney)
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