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Within the next six months, Yahoo expects to roll out video sharing within the site, Terry Semel announced at Ad Age’s 360 Degree Media conference. Additionally, Semel, interviewed by Ad Age publisher Scott Donaton, said that video on the net in general could use an overhaul. “I don’t think the future of internet video is just ‘clips,'” he said.
The company is currently developing tools to make it possible to share video within Yahoo. For an hour, Semel held forth on those subjects, the Viacom/YouTube lawsuit, his lack of previous tech experience (not a big deal), the future of print (it has one) and the initial success of Panama (wait for the earnings results in two weeks).
He also talked about the growing impact of mobility, in general and in emerging markets. Plus, he believes the iPhone will open up further possibilities in the U.S.: “I’m excited by the iPhone, and I’m excited about working with Apple, as we will be providing mobile search for it.”
But mostly, he said that Yahoo will keep doing what it’s been doing