Yahoo is in preliminary talks to acquire online video service News Distribution Network for 300 million dollars.
The service was founded in 2007 and syndicates video clips to newspapers' and outlets' web sites in content areas like news, politics and sports.
According to CNET, Yahoo CEO Marissa Mayer has been investing heavily in online content-snapping up talent like anchor Katie Couric and former New York Times columnist David Pogue to run news properties for Yahoo.
The company also is actively trying to takeover YouTube's biggest stars and producers for its own video competitor, the report added.
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