Yahoo!7 is one of the most comprehensive and engaging online destinations for Australian consumers and advertisers. Formed as a 50-50 partnership between the Seven Network Limited (ASX: SEV) and Yahoo! Inc. (Nasdaq: YHOO), Yahoo!7 brings together the successful Australian internet business, Yahoo! Australia & NZ, and the online assets and television and magazine content of the Seven Network, one of Australia's leading media companies. The company also combines the strengths of Yahoo! search and communications capabilities and its global internet network, with Seven's rich media and entertainment content and marketing capabilities.
Founded in 1994 by Stanford Ph.D. students David Filo and Jerry Yang, Yahoo! began as a hobby and has evolved into a leading global brand that has changed the way people communicate with each other, conduct transactions and access, share, and create information. Today, led by an executive team that includes CEO and Chief Yahoo Jerry Yang, President Susan Decker, Chief Financial Officer Blake Jorgensen, and Co-Founder/Chief Yahoo David Filo, Yahoo! Inc. has become the world's largest global online network of integrated services with more than 500 million users worldwide. The company is headquartered in Sunnyvale, California, with a presence in more than 20 markets and regions around the globe.
Yahoo! Inc corporate website
Seven is recognised as one of Australia's leading media companies. We are Australia's largest commercial television network. We are one of the two largest publishers of magazines in Australia. And, we are creating a significant presence in online and new communications technologies.
Our television programming reaches more than nine in ten Australians every week. Our magazines business publishes one in four magazines read by Australians. And, we publish three of the most widely-read magazines in Australia. More than five million Australians engage with us online each month.
Seven is recognised as the leader in breakfast television, news and public affairs, and Australian-produced drama and sports programming - our reputation being built on a commitment to produce and deliver programming relevant to Australians. We produce more Australian drama series for television than any other network. And our partnerships with the Australian Football League and the fastest-growing sport in Australia, V8 Supercars, underpins our leadership in sports television.
And, Seven is taking the lead in the planning for digital television. Australia's first specially designed digital production and broadcast centre is placing Seven at the forefront of the creation of content from the same servers for application in broadcast and subscription television, online, wireless and broadband.
Seven's planning for the future is built on the knowledge that television will continue to dominate communications - as the gateway for audiences through "traditional" television programming and the integration of internet and other online and broadband viewing options. This commitment underpins Seven's Yahoo!7 partnership with Yahoo! Inc. Yahoo!7 brings together the successful Australian internet business, Yahoo! Australia & NZ, and Seven's online assets and television and magazine content. The company also combines the strengths of Yahoo! search and communications capabilities and its global internet network, with Seven's rich media and entertainment content and marketing capabilities. The joint venture is driving the online, mobile and IPTV businesses of both companies in Australia.
Through Seven Media Group – a joint venture between Seven Network Limited and Kohlberg Kravis Roberts & Co. - we are driving the future of a multi-faceted media company in Australia, bringing together a market-leading presence in broadcast television, magazines publishing and online and expanding new communications platforms in our joint venture with Yahoo, Inc in Australia. Seven's broadcast television platform reaches 98 per cent of Australians. Seven's magazines publishing business, Pacific Magazines publishes more than one in five magazines sold in Australia. Seven's Yahoo!7 joint venture with Yahoo! Inc combines the strengths of Yahoo!'s search and communications capabilities and its global internet network with Seven's media and entertainment content and marketing capabilities.
We are committed to broadcast television and publishing and the development of new opportunities for our content in a digital landscape. Through our new digital broadcast centres and with our ability to create and deliver content across a number of different communication mechanisms, we are building a significant presence in all forms of communications.
Seven corporate website