Myth-busting and the Yahoo!-Google agreement

We wanted to share with you an excerpt of a Yodel Anecdotal post from Yahoo! president Sue Decker explaining the Yahoo!-Google agreement and reiterating our ongoing commitment to Sponsored Search.  As Sue puts it,

There’s been a lot of speculation swirling around about the Yahoo!-Google agreement. We hear everything from the claim that Yahoo! and Google will be fixing prices to the prediction that the agreement is a death sentence for Yahoo!’s sponsored search business. Since the critics clearly don’t understand the deal and what it means for Yahoo!, Google, advertisers, and users, it’s time for some myth-busting.

Here’s the bottom line:

• Yahoo! will use this agreement to help us become a stronger competitor in all aspects of online advertising; and
• Yahoo! is not exiting the sponsored search business. We plan to remain a strong player in sponsored search.

For more from Sue, read the full post.

–The Team