Watch this new video about the search agreement of Yahoo with Microsoft. Yahoo’s CEO Carol Bartz speaks about how yahoo users , advertisers, shareholders and others benefit from this agreement.

This search agreement last for 10 years. Microsoft will use the Yahoo search technology into its existing web search platforms for next 10 years. Surprisingly Bing with the exclusive search algorithm will be the paid search platform for Yahoo sites.

Microsoft will have to pay traffic acquisition costs to Yahoo with an initial rate of 88% of search revenue. Also the self advertising for Yahoo and Microsoft will be fulfilled by AdCenter program by Microsoft.

“This deal fits the long-term strategic direction of Yahoo! to remain the world’s leading online media company and Carol Bartz has the full and unanimous support of the Yahoo! Board behind this deal,”
-said Roy Bostock, chairman, Yahoo.

Watch the Video about Yahoo! CEO Carol Bartz discussion about the agreement with Microsoft.

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