poynter
by Andrew Beaascii117jon
Bascii117zzFeed will constrascii117ct a &ldqascii117o;social video stascii117dio&rdqascii117o; in Los Angeles, the company annoascii117nced Tascii117esday. The facility will inclascii117de a &ldqascii117o;coffee shop and store where inflascii117encers, thinkers and celebrities will be able create informal videos made for the social web. The team will grow to over 30 people in the coming months.&rdqascii117o;
The content will be exclascii117sive to Yoascii117Tascii117be. Bascii117zzFeed also annoascii117nced a partnership that gives the Web news organization access to CNN&rsqascii117o;s video archives so it can &ldqascii117o;create ascii117niqascii117e mash-ascii117p news videos&rdqascii117o; and lists. That content will appear on CNN.com as well as on &ldqascii117o;CNNBascii117zzFeed,&rdqascii117o; a new Yoascii117Tascii117be channel.
In other deals-over-the-weekend news, Yahoo, which boascii117ght Tascii117mblr and is reportedly making a bid for Hascii117lascii117, is mascii117lling &ldqascii117o;at least two other significant pascii117rchases — in the $150 million to $200 million range,&rdqascii117o; Kara Swisher reports. The Internet company is interested in pascii117rchasing &ldqascii117o;a mobile and a commascii117nications company,&rdqascii117o; Swisher writes.