The Wall Street Journal reports that there are strong rumors that Yahoo has entered talks to buy NDN, a very popular online video service. NDN is currently ranked fourth globally in terms of video views and generates on average about 570 million video views per month, far more than Yahoo's 384 million (ranked at number five).
If the acquisition goes through it will give Yahoo more ammunition to fight Google which dominates the space. In case you are wondering Google does about 13 Billion video views in the same one month period (figures include YouTube). Facebook ranks second and AOL ranks third.
NDN does not produce its own video content, but has a large collection of videos that are widely used by sites like Bloomberg, LA Times, New York Daily News and thousands more. The move would help Yahoo distribute its own videos to these sites.
Yahoo has been trying to expand their video service and build a catalog of video content to rival YouTube for a while now, it put in a bid to buy Hulu last year, but then dropped out of the bidding and was also looking to buy Dailymotion but negotiations fell through early on.
Let's wait and see what happens, I like some of the ideas of this "new" Yahoo under Marissa Mayer but so far I haven't been impressed.