Yahoo, ABC News Team Up
Yahoo will distribute ABC content, ABC will provide exclusive video
By Kevin Spak,  Newser Staff
Posted Oct 3, 2011 9:26 AM CDT
In this Dec. 1, 2010 file photo shows an employee leaves a Yahoo headquarters building in Sunnyvale, Calif.   (AP Photo/Paul Sakuma, File)

(Newser) – ABC News and Yahoo! announced a major new alliance today that will make ABC the “premier news provider” for Yahoo’s news sites. “Teaming with Yahoo will transform the future of ABC News by distributing your journalism to a vast new audience,” ABC News President Ben Sherwood wrote in his announcement, boasting that the combined ABC-Yahoo juggernaut would reach 100 million readers a month.

Yahoo has also partnered with the network to create a new GoodMorningAmerica.com site, which launches today. The two companies have had a video sharing agreement since 2005, Mashable notes, though this appears to go beyond that, with ABC producing original exclusive video for the web, featuring top-tier anchors like Diane Sawyer, Barbara Walters, and George Stephanopoulos. “ABC News and Ben Sherwood's vision is completely symbiotic with ours,” one Yahoo exec said, promising content that “will set the standard for the industry.”