Yahoo! Is Very Much Committed to Flickr, Blake Irving Says
Yahoo! had several troubles in the recent years. Geocities was shut down, as were several other features. And with over half a thousand workers fired in the end of 2010, people started asking questions about the future of a former search industry leader (how long ago was that?) and its satellite products.
Flickr, on the other hand, is a popular service, and, contrary to so many other projects and applications launched by Yahoo! and Google, generates certain profit. However, according to some general evaluation, this profit is not so high, to say the least. Thomas Hawk estimated 50 million per year, which is, of course, a tiny income for a corporation of the size of Yahoo. This led to speculations about the possibility of yet another cut by Yahoo! – this time of the beloved photo-sharing service.
Well, do not worry yet, Flickr fans. Those rumors were refuted by both Flickr Cal Henderson (who also commented that the figure of 50M is incorrect, since Flickr makes money via advertising, and not only by selling Pro accounts, as was presented in the Hawk’s estimation) and Blake Irving, Yahoo Product Chief. When asked in a recent twitter chat about Yahoo! commitment to Flickr, Irving enthusiastically tweeted “Hell yes we are!”, mentioning Flickr product and team, its strategy and profitability.