Community editing “the next wave” for Yahoo News

Yahoo News director Neil Budde spoke yesterday about the future of Yahoo news yesterday:

Citing the community editing phenomenon as “the next wave” for Yahoo News, Budde said he is keeping a close eye on news aggregation sites like Digg.com, which call for readers to elect the most interesting reads. Yahoo News currently offers a star system for consumer news prioritizing, but Budde admitted in an interview with OnlineMediaDaily that Digg’s system is more intuitive.

He also addressed international news:

The ability of advertisers to target consumers with specific interests, said Budde, is giving news publishers the ability to more comprehensively report on niche subjects like foreign politics. Twenty percent of the 30 million monthly readers that Yahoo News attracts look at international news, said Budde. “That’s six million users–still a big, valuable market for advertisers.”

Also, see Greg’s thoughts on Yahoo’s personalization.

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