Yahoo’s closure of their Jumpcut video service feels like the slow peeling off of a bandaid. In December they announced that no new videos could be uploaded, but that they “will be keeping the Jumpcut ...

After careful consideration, we will be officially closing the Jumpcut.com site on June 15, 2009. This was a difficult decision to make, but it’s part of the ongoing prioritization efforts at Yahoo!

Internet media giant Yahoo Inc. said on Wednesday it had acquired Jumpcut, a site that provides simple to use online video editing tools, its latest bid to enhance its Web video services offerings.

Yahoo agreed to buy Web video editing and publishing site Jumpcut.com on Wednesday, as Internet companies continue to seek ways to compete with YouTube. The move comes nearly four months after the ...