In December, Yahoo all but killed its Jumpcut online video site by disabling new uploads and telling users to head to Flickr. Now the company said it's closing the site altogether in two months.
"After careful consideration, we will be officially closing the Jumpcut.com site on June 15, 2009," a note on the site says. "This was a difficult decision to make, but it's part of the ongoing prioritization efforts at Yahoo."
The closure is no surprise. Yahoo, with its own financial issues compounded by the recession, is under pressure to cut expenses. … Read more