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Tuesday, 13 February, 2001, 21:09 GMT
Yahoo links with New York Times
Yahoo logo
Yahoo is one of the world's most widely viewed websites
Articles from the New York Times will soon be accessible through the internet portal Yahoo.

The New York Times Digital will provide Yahoo with daily stories about both national and international news, as well as the latest events in politics, business, technology and the arts.

And local news from the newyorktoday.com and boston.com sites are also included in the deal.

The tie-up will expand the New York Times' reach on the internet after it withdrew from its joint newsroom with online financial news provider Thestreet.com.

Unprofitable business

Thestreet.com was forced to close its UK branch in November, and slash US staff by 20% due to a lack of funds.

Other media firms are also scaling back internet ventures, most notably Rupert Murdoch's giant News Corp.

Although internet sites increase a newspaper's exposure to the public, they must either charge a viewing fee or rely on advertising revenue in order to make money.

The terms of the deal between the New York Times and Yahoo were not disclosed.

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See also:

10 Jan 01 | Business
Yahoo warns of tough year ahead
20 Oct 00 | Business
Yahoo asks investors for patience
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Yahoo remains upbeat
16 Nov 00 | Business
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