It’s been blogged to death already today but I thought I’d let you all know that JumpCut, online video editing site, has been bought out by Yahoo. I doubt we’ll see anything interesting out of this (Yahoo tends to leave their acquired properties alone except to integrate Y!ID) but just the same one can dream this’ll mean some interesting Flickr video stuff.

They already appear to have some business connections mainly with Fox, so I’m curious to see how Yahoo handles this - especially with their transition to content-provider.