Yahoo halts Alibaba asset spinoff, plans to sell core biz; Video streaming takes up 70 percent of bandwidth, Sandvine says

More online video news from across the Web:

> Yahoo's board went ahead with plan B, hanging on to its stake in Alibaba while spinning off its core search and display advertising business instead -- a blow to CEO Marissa Mayer. WSJ article

> Short-form digital media distribution company NowThis has raised $16.2 million in a Series D financing round led by Axel Springer. WSJ article

> AOL laid off 100 workers, mostly from its legacy dial-up subscription service -- but that's not necessarily bad news as the unit gears up to do some strategic hiring in the first part of 2016. TechCrunch article

> Dish Network needs to be more transparent about Sling TV's subscriber numbers, says analyst Dan Rayburn. Streaming Media blog post

> Qwilt, an online video and open caching solutions provider, is helping to power OTT video delivery for MyRepublic, a broadband Internet service provider serving Singapore and New Zealand. Release

> Crosscut, a Seattle-area magazine, is merging with local public television station KCTS-9; the two entities will offer a multiplatform news service while avoiding layoffs. GeekWire article

> The hottest series being streamed on China's Tencent and LeTV at the moment is The Legend of Miyue, an 81-episode historical epic, which garnered 700 million hits in its first 24 hours. South China Morning Post article

> The IDA Documentary Awards honored Netflix content guru Ted Sarandos with its Pioneer Award for his work to make the SVOD provider a supporter of documentary films. Variety article

> Silicon Valley investors speaking at the TechCrunch Disrupt London event sounded a warning note for tech startups: don't get "over your skis" by picking a final-round valuation that's too high. TechCrunch article

> Driven by domestic and foreign entrants like Netflix and Hulu, Japan's online video market is poised to expand from ¥134.6 billion in fiscal 2014 ($109.2 billion) to ¥201.5 billion ($163.4 billion)by fiscal 2020. Japan News article

> Sandvine said that streaming video now takes up 70 percent of total U.S. broadband bandwidth. Re/code article

> Vevo bought ShowYou, an SVOD provider that offered curated video streams. AdAge article

And finally … Are you a social media influencer looking to make some quick cash from your online videos? Well, FameBit has got an offer for you. USA Today article

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