YouTube has announced a new feature for videos on the site - annotations.
Video Annotations are a new way for you to add interactivity to your videos. You can use them to:

Add background information about the video;
Create stories with multiple possibilities (ala Choose Your Own Adventure); and
Link to related YouTube videos, channels, or search results [...]

The United States District Court for the Southern District of New York today made public a decision in the proceeding to determine reasonable license fees to be paid to the American Society of Composers, Authors and Publishers (ASCAP) by AOL, RealNetworks and Yahoo! for their online performance of musical works. Total payments to be made [...]

The Yahoo! Video Blog has announced a variety of updates to the Yahoo! Video site.
Here’s what’s new:

Widescreen videos: Yahoo! Video supports a 16:9 cinematastic player that’s far ahead of what most sites are offering. And the video looks great.
More content: Yahoo! Video now aggregates the whole spectrum of video found throughout Yahoo!, including music, movies, [...]

Yahoo! today introduced a new live video conferencing service, Yahoo! Live.
We haven’t seen an official announcement yet; we learned about this from ReadWriteWeb’s Marshall Kirkpatrick via Twitter.
Kirkpatrick’s take:
The service combines many of the best practices developed by early explorers of the medium, tiny startups that must be very worried tonight. Part BlogTV, part Mogulus and [...]

Music subscription services have, by and large, bombed. The idea of renting music hasn’t taken off and, even worse, customers have to worry about the services’ futures.
The latest example of this comes with Yahoo’s subscription music service. On Monday, the company announced that it will discontinue its Yahoo Music Unlimited subscription service and has instead [...]

Microsoft¬†has made an unsolicited $44.6 billion offer for Yahoo! to challenge Google’s dominance in Internet search services and advertising.
According to Bloomberg.com, Microsoft’s $31/share offer is 62 percent more than Yahoo’s closing stock price yesterday. In the months leading up to Microsoft’s offer, Yahoo!’s stock has been declining in value, dropping 18 percent this year on [...]

Yahoo today announced a new free browser-based MP3 player that you can use and freely embed in your page.
Here’s how it works:

You add links to MP3s in your web page. These can be anywhere on the web.
You add a line of code to insert Yahoo’s Javascript library.
Working play buttons appear next to MP3s in your [...]

Yahoo’s decision to kill off the Yahoo podcast portal has generated a lot of discussion, and appears to be a sort of Rorschach test that reflects people’s attitudes about podcasting.
Does Yahoo’s Decision Reflects The State Of Podcasting?
At TechCrunch, Duncan Riley suggests that podcasting’s growth rate is the reason for the closing, saying that “podcast [...]

Yahoo has added a terse statement to its podcast portal, announcing the site’s imminent death:
Yahoo! apologizes deeply, but we will be closing down the Podcasts site on Oct. 31, 2007
Read/Write Web’s Marshall Kirkpatrick suggests that Yahoo’s decision to pull the plug may be a reflection of the rate of uptake of podcasting:
Some would argue that [...]

Yahoo! on Monday launched its online video competition, Yahoo! Talent Show, and named Maria Sansone, Tom Green and Ask a Ninja as judges.
Talent Show will award $50,000 and a development deal to produce a show on Yahoo! to the winner of the contest, which is looking for original Internet video talent.
Sansone also hosts daily video [...]