Yahoo Is Not A Cable Channel

Lloyd Braun, the former chairman of ABC Entertainment, and current head of Yahoo's Media Group told The New York Times that Yahoo will focus on content acquired from other media companies or submitted by users.

In other words, Yahoo understands the net is an entity unlike TV, one with it's own value and unique programming needs.

"I now get excited about user-generated content the way I used to get excited about thinking about what television shows would work," Braun said.

"Original content is the salt and pepper on the meal," he said. "It is certainly not the engine driving this."