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Also part of the deal, Christiane Amanpour will have a Web-only series discussing the top international stories of the day and “Nightline” anchor Bill Weir will do a weekly series on innovations titled “This Could Be Big.”

ABC will work together with Yahoo on political coverage heading into the election year, he said.

ABC already contributes video streams to Yahoo’s news sites, but the deal deepens the relationship with far more content and makes ABC the top news source on the Web site, executives said.

“To be able to go deeper with this array of talent at ABC News is a big statement for us,” said Ross Levinsohn, executive vice president of the Americas at Yahoo.

Shares of Yahoo rose 81 cents, or 6.2 percent, to $13.98 in morning trading. Investors were buying the shares after the CEO of Chinese Internet company Alibaba Group Holding Ltd. said he would be “very interested” in buying Yahoo.

Year-to-date, Yahoo shares are down about 16 percent.


AP Television Writer David Bauder contributed to this report.