Yahoo, the old man
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When an internal announcement leaked out of Yahoo last month that it was "sunsetting" popular social bookmarking service Delicious , that service's users flew into a panic. Yahoo quickly backtracked on the plans and the service remains up and running, if minimally supported. Would Flickr survive the hemorrhaging at its parent company Yahoo? That was the next logical question. Today Flickr power user Thomas Hawk did a little investigation of how many $25/year paid Pro accounts and thus how much annual revenue he estimates Flickr contributes to Yahoo. Hawk's methodology seems reasonable, if generous, and led to the conclusion that Flickr probably brings in around $50 million in annual revenue.
How Much is Flickr Worth to Yahoo? Not Very Much
It has been fairly amazing to watch this Yahoo “sunsetting” news over the past 48 hours. It seemed to go from a bad leak, to huge backlash, to PR disaster, to confusion, to worse PR disaster. Now Yahoo, by way of Delicious (the most prominent service being “sunset”), has responded by lashing out at all the press for the coverage of the fiasco.
Yahoo Just Killed… Consumer Confidence In Them
J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995), and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More Yahoo unveiled a bevy of new product features today at a press event, and Yahoo product chief Blake Irving told the crowd “You’re going to see things over the next few years that will feel a little bit different.” He declined, however, to tell the audience what the specific internal goals were, or how Yahoo would define success or failure.