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

Suggested Articles

Marketing for 8K television may need to add a warning: math involved.

AT&T is filling in some details about the WarnerMedia Innovation Lab, which is opening in 2020, and that it announced earlier this year.

Comcast is launching new controls for its X1 television service that will allow people with certain disabilities to operate their cable TV systems using their…