Yahoo! and Samsung Form Multi-year Partnership to Deliver Interactive TV

Partnership to Provide Real-time, Enhanced Entertainment and Advertising to Homes Across the United States

SUNNYVALE, Calif. & RIDGEFIELD PARK, N.J.--(BUSINESS WIRE)-- Yahoo! (NASDAQ:YHOO) and Samsung today announced an expanded multi-year partnership to integrate Yahoo!'s Broadcast Interactivity platform into Samsung 2012 Smart TVs. Yahoo! Broadcast Interactivity, powered by its automatic content recognition (ACR) technology, SoundPrint^TM, will be deployed in Samsung's SyncPlus platform, enabling new opportunities for intelligent content discovery, advertising and engagement, bringing an unprecedented level of interactivity in the living room.

With this agreement, Samsung Smart TV owners will receive real-time, actionable content that runs alongside and complements TV shows and commercials. TV viewers will see subtle, on-screen prompts informing them that additional content can be accessed. With the touch of a remote, connected tablet or phone, Samsung Smart TV viewers can easily surface content or offers related to the TV shows and commercials they are watching.

In addition, TV programmers can provide complementary content like trivia, additional show insights, commerce or interactive gaming to extend engagement. Showtime Networks and National Geographic Channel are two of the initial TV programming partners.

The partnership also creates new forms of advertising by extending traditional 30-second commercials into immediate actions. With broadcast interactivity-enabled commercials, advertisers can embed calls-to-action for downloading apps or digital media, providing coupons, ordering samples, reading reviews or viewing product information.

"By combining watching TV with engaging content, we can change the way audiences are entertained and informed," said Ron Jacoby, vice president of Connected TV at Yahoo!. "We are thrilled that our expanded partnership with Samsung extends our platform's footprint, enabling our content partners and advertisers to reach many more consumers. Content owners can augment their programming, and advertisers can create compelling calls-to-action that allow audiences to engage on marketing messages the moment they are delivered."

"Today, consumers are engaging in interactive TV program experiences more and more," said Eric Anderson, vice president of content and product solutions at Samsung Electronics America, Inc. "Samsung's SyncPlus service combined with Yahoo! Broadcast Interactivity and SoundPrint will provide consumers with a very entertaining experience. We are very pleased to partner with Yahoo! and we look forward to a successful collaboration in the years to come."

Yahoo! Broadcast Interactivity leverages Yahoo!'s patented SoundPrint™ technology which enables real-time identification of live or recorded, cable, broadcast and satellite television through audio fingerprinting. Combining SoundPrint, the largest index of television audio matching, with Yahoo!'s Connected TV platform creates a full suite of capabilities for audiences, broadcasters and advertisers.

Yahoo! Broadcast Interactivity and Samsung SyncPlus will be delivered in the latest firmware update to Samsung's 2012 Smart TVs in the U.S. Yahoo! Broadcast Interactivity will be integrated into future models of Samsung TVs.

To learn more about Broadcast Interactivity, visit http://connectedtv.yahoo.com/developer/broadcastinteractivity/.

More information about advertising opportunities is available at http://advertising.yahoo.com/connected-tv/.

About Yahoo!

Yahoo! is focused on making the world's daily habits more inspiring and entertaining. By creating highly personalized experiences for our users, we keep people connected to what matters most to them, across devices and around the globe. In turn, we create value for advertisers by connecting them with the audiences that build their businesses. Yahoo! is headquartered in Sunnyvale, Calif., and has offices located throughout the Americas, Asia Pacific (APAC) and the Europe, Middle East and Africa (EMEA) regions. For more information, visit the pressroom (pressroom.yahoo.net) or the company blog (yodel.yahoo.com).

About Samsung Electronics America, Inc.

Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc. (SEA), a wholly owned subsidiary of Samsung Electronics Co., Ltd., markets a broad range of award-winning, digital consumer electronics, IT and home appliance products, including HDTVs, home theater systems, digital imaging products, notebook PCs, tablets, refrigerators and washing machines. A recognized innovation leader in consumer electronics design and technology, Samsung is the market leader for HDTVs in the U.S. Please visit www.samsung.com for more information.

Yahoo!
DJ Anderson, 408-336-0852
dj@yahoo-inc.com
or
Weber Shandwick for Samsung
Eric Gonzalez, 212-445-8482
egonzalez2@webershandwick.com

Source: Yahoo!

News Provided by Acquire Media

http://yhoo.client.shareholder.com/releasedetail.cfm?ReleaseID=718650