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Yahoo may shut down Flickr, other unprofitable business units

no specific report on Flickr yet ... but the yahoo blog seems to be it's gonna be spun off to oblivion

Yahoo earnings expected to include talk of layoffs, ‘strategic alternatives’: Live blog

Second press release details plans to cut. Closing five offices, laying off 15% of staff.

It’s expected that most of these changes will take place in Q1, but by the end of 2016, the Company anticipates having approximately 9,000 employees and fewer than 1,000 contractors. This represents a workforce that is roughly 42 percent smaller than it was in 2012 and will result in savings in short term operating expense of $400 million annually.
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This is part of Yahoo effort to “streamline” its offering. Basically, Yahoo is cutting its offerings to 3 core platforms: search, email and Tumblr. For news, four verticals: News, Sports, Finance and Lifestyle. Main target markets: U.S., Canada, U.K., Germany, Hong Kong and Taiwan.

Yahoo’s play to be like Netflix and Amazon Prime is done – Yahoo Screen was killed in Q4.

Other deaths: Some digital magazines, games, smart TV.
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Company hopes to generate $1 billion to $3 billion by selling off real estate and other assets.

“This is a strong plan calling for bold shifts in products and in resources,” Mayer says in announcement. She then hails her MAVENS initiative – stands for mobile, video, native and social – which she says has been built into a $1 billion business.
To play devil’s advocate, seems like Yahoo Screen’s death goes against the “video” part of that success. And I see little mobile success so far. Social only goes so far as Tumble takes it. I guess “native” I can’t really argue with …
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So Yahoo still plans to try to spin out its core business, and leave the Alibaba stake behind, to avoid taxes (it hopes). They describe this as a “reverse spin,” which makes me think of how the toilet swirls in a different direction south of the equator.
Board Chairman Maynard Webb, in press release: “Separating our Alibaba stake from our operating business continues to be a primary focus, and our most direct path to value maximization. In addition to continuing work on the reverse spin, which we’ve discussed previously, we will engage on qualified strategic proposals.”
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I put a TON of time into Flickr, I have a good system going now. I really hope they don't shut it down. But I better start figuring out a pan B.
 
Most photographers I know locally use Flickr. I don't understand or see the dislike in it.
 
JacaRanda said:
Most photographers I know locally use Flickr. I don't understand or see the dislike in it.
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Flickr made me money and gave me opportunities. Sold a $350 canvas because of Flickr, had my pictures displayed in a restaurant, law firm, etc and all because they found my photos on Flickr.
 
It's a free website with loads of nice pictures, search options, ability to host for placing pictures on places like tpf. I do understand that at times the interface changed and some (including myself) might have preferred some older ways etc.

But ,if I am given a free lunch I don't mind being told at what table to sit.
 
Man I hope not, because I have alot of the photos on there that got lost when my old hard drive crashed last year... Hoping I wouldnt need to redownload them all
 
I hope they stay up. If I were a pro, I'd probably have gone elsewhere a while back but, since I'm not, it serves my purposes just fine. I have a photobucket account I guess I can use if they can Flickr.

EDIT:
Yeah, we're good.
photobucket test
 
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Looks like Yahoo is putting all their eggs into a couple things

1 - Making Mobile Search into an App that is similar to Siri, Google Now and Amazon’s Alexa.
Of course, they first have to HAVE a mobile search app.
Unlike Apple, Google which are part of the OS. And Amazon which crawls all over the internet and their market platform. I think this strategy is going to fail as they would have to hope that Apple and Google follow suit and pull out their Siri/Android assistant out of the OS and into an App. And I don't see this happening.

On another note. yahoo did recognize that Google was better at advertising for revenue at the desktop, thus contracted Google to do their ad revenue cycle. Google is even better at mobile, and yahoo hopes to best all 3 of them ? or take a good chunk of the pie .. ain't gonna happen.

2- they're looking for Tumblr to be the future driving force of Yahoo. Even though they written off the entire purchase of Tumblr , 1.1 Billion via $230 million write down and an original $750M of goodwill.
Truthfully I had to look up what Tumblr was. Facebook dominates this, I don't see this happening.

Over last few years Yahoo has experienced ‘strong headwinds from legacy display.’ Mayer said growing revenue has been the company’s biggest challenge, and says there may still be some challenges on that front
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My interpretation of statement. Yahoo was desktop based and not mobile. (facebook had to make this transition years ago). because of that revenue is dwindling and until they become successful at mobile revenue will continue to dwindle.

with the company plan of
Mayer outlines four keys of new turnaround plan, which were also in release:
- Grow user engagement, particularly on mobile
- Drive MAVENS revenue growth
- Simplify the business to improve execution
- Efficiently align our resources and size business accordingly (in other words, lay off as many people as possible)
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in otherwords, the beginning of a long and agonizing company death spiral.
They'll have to be very aggressive and spend lots of money to catch up to the market leaders who actually hold a monopolistic edge. Siri is part of the Apple OS, Google Now part of Android, and I forgot what Microsoft had. Yahoo should develop a phone OS to do this ... which also is years behind. Maybe they can buy Blackberry and right that ship ? otherwise they'll end up like Palm Inc being too slow to react to the market which has already moved on.
 
tumblr is big with teenagers; its like facebook but more casual and thus also not tied to their real name and such so its more "free".

Anyone heared anything concrete on the future of flickr? What they are doing would be good to know but a timeframe might also be really important to get a hold of so that we know how long we have to prepare for the worst should they be choosing to close it down
 
they lump Flickr with all their other non-core business.
So I assume it's part of the "lump" that will be sold or closed

good article to read, especially the last paragraphs
http://www.nytimes.com/2016/02/03/technology/yahoo-layoffs-strategic-alternatives-earnings.html?_r=0
"yahoo will shed assets, cut expenses and focus on the areas of the company that are growing" (revenue & profits)

Flickr is not mentioned because it's not part a revenue/profit center from what I understand.
Thus when someone else buys it, or when they stop trying to sell it and close it, then you'll know it's future.

What do you expect for free ?
 
Did a backup of all my Flickr photos over the weekend using Downloadair. It made a folder for every album, kept my file names but did append the Flickr file name to the end. Not sure if there are better options for doing the backup or if it was even necessary.
Plan to keep using Flickr.
 
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