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Yahoo News: Yahoo to Give Video Site New, Content-Rich Makeover (Digital Video Editing)

(Broadcasting & Cable) _ Yahoo! Inc. has broad plans to revitalize and grow its video site, which continues to lag behind Google Inc.'s YouTube. According to Bloomberg News, Yahoo wants to tap into the popularity of online video for its key to increasing site traffic. Yahoo says it will launch this new video site by the end of this year.

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