Yahoo! (YHOO) Entertertainment Site Hammers Competition, TMZ.com Should Pass

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By Douglas A. McIntyre Updated Published
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OMGYahoo!’s (YHOO) OMG! entertainment site was the most visited destination in the category in May, at least according to comScore, and the competition was not even close.  June numbers could change considerably as TMZ, part of Time Warner’s (TWX) AOL, broke the Michael Jackson story.

Yahoo! has had its share of problems recently, the most troubling of which is the success of Microsoft (MSFT) search engine Bing!

But, Yahoo!’s ability to drive traffic to its own content properties is still extremely impressive and is likely to be the cornerstone of any turnaround of the company.

OMG! had 20.6 million unique visitors in May, up 65% from last year. TMZ.com  was second with 9.9 million unique visitors, up 7%.  People.com, part of Time Warner’s Time Inc unit, was next on the list with 8.2 million unique visitors, down 10%. Entertainment Weekly was in the N0.5 spot with 3.9 million unique visitors. It is also part of Time Inc.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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