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Yahoo could make original TV shows like Netflix and Amazon

Looks like it's not just Microsoft that wants in on Netflix and Amazon's turf. The WSJ is reporting that Marissa Mayer wants Yahoo to produce sitcoms to air on its rumored new video service. According to those persons familiar with the matter, the CEO wants well-known names from TV to produce four, ten-episode series, each one budgeted between $700,000 and a few million dollars -- the going rate for the average network comedy. We won't have long to wait and see if the rumors are true, as Yahoo is said to announce the shows at an event on April 28th. Maybe this is the moment to get pitching our modern-day remake of The Facts of Life that's gonna make us all stars.