Yahoo, ABC News to Share Content

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SAN FRANCISCO, CA - JULY 19: A Yahoo! billboard is visible through trees on July 19, 2011 in San Francisco, California. Yahoo Inc. reported second quarter earnings of $237 million, or 18 cents per share, compared to $213 million, or 15 cents per share, compared to one year ago.

ABC News announced on Monday a new partnership with Yahoo to share news content and stories. While it's not a merger like the one between AOL and Huffington Post, the companies will report their traffic together. With 80 million unique visitors each month, Yahoo has more traffic than any news website (CNN has 75 million), while ABC, with between 20 million and 25 million, has generally trailed the other news brands in terms of Web visitors. The deal will also have ABC producing original shows for Yahoo News.