Yahoo Screen Goes Blank: Is This The First Casualty In A Broader Restructuring Program?

Yahoo now plans to move the video properties of "Yahoo Screen" to its digital magazines, thus allowing users to discover complementary content in one place. Visitors to "Yahoo Screen" are being redirected to its home page. In Q3 2015 the company had written off $42 million as asset impairment charge towards it original video content, as the management believed that it was unable to monetize this content. As the company struggles to gain market share, we believe the shutting down of "Screen" is p...