Jumpcut Joins Yahoo!

Internet media giant Yahoo Inc said yesterday that it had acquired Jumpcut, a site that provides simple-to-use online video-editing tools, its latest bid to enhance its Web video services offerings.
Terms of the acquisition were not disclosed.Six-month-old Jumpcut of San Francisco provides Web users a free set of online video editing tools that give people the ability to manipulate moving video images without the need to own or install software on their own computers.

While the popularity of online video watching has surged, the numbers of people actually creating video programming remains a tiny fraction of the audience of passive viewers.

Jumpcut will join other recent acquisitions by Yahoo including photo sharing site Flickr and Del.icio.us, a site that encourages users to share popular bookmark links to Web sites.

A video about Jumpcut’s plan to merge with Yahoo can be seen at; http://blog.jumpcut.com/2006/09/27/jumpcut-joins-the-yahoo-family/