Yahoo’s online video hub Screen is no more.
The company has shuttered the Screen service in the latest sign of CEO Marissa Mayer’s ongoing struggles to revitalize Yahoo’s business and to bet big that video streaming could draw a new generation of users to its site.
And with Yahoo facing increasing investor discontent, and pressure to deliver improving business results, the demise of Screen could be the first of more big changes and product shutdowns.
Yahoo warned in October that it would narrow its focus in the coming months.
Yahoo said in a statement that the various videos available on Screen would be “transitioned” to other parts of Yahoo, specifically to its digital magazines. News of Screen’s demise, which Yahoo said officially happened last week, was first reported by Variety.
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SOURCE: Tech Insider, Alexei Oreskovic