Definition: In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Input: Yahoo Chief Financial Officer Ken Goldman said original video series “Community,” “Sin City Saints” and “Other Space” were the cause of a write-down of $42 million in the company’s third quarter. 
  
 “We thought long and hard about it,” Goldman said during a call with investors following the release of Yahoo’s Q3 earnings. 
  
 “What we concluded is certain of our original video content, we couldn’t see a way to make money over time. I’m thinking of ‘Community,’ I’m thinking of ‘Sin City Saints’ and so forth. So there, where we had spent money and had some assets on our balance sheet, we elected to write those off. That actually helps us going forward and we won’t have the expense to impact us going forward. 
  
 Also Read: TheWrap's TV Stars and Showrunners Exclusive Portraits (Updating Photos) 
  
 “In thinking through that, we thought of not only what is the cost, but what is the cost to market and create the streams you need to make them successful. So we’re not saying we’re not going to do these at all in the future, but what we’re saying is in three cases, at least, it didn’t work we had hoped it would work, and we decided to move on.” 
  
 Yahoo reported its earnings for the third quarter of 2015 on Tuesday, falling short of Wall Street expectations. 
  
 Also Read: Yahoo Q3 2015 Earnings Fall Short of Expectations 
  
 The digital media company reported earnings per share of $0.15, which is lower than Wall Street’s expectations of $0.17 EPS. The number is also lower than the $0.52 earnings for the same quarter a year ago. 
  
 Yahoo also reported revenue of $1.23 billion, which fell short of the projected $1.26 billion. 
  
  
  
  
  
  ||||| Yahoo's recent foray into original video content has failed. The company announced at an earnings call that it will be taking a $42 million write-down in the third quarter for its video division. "We thought long and hard about it," said Yahoo chief financial officer Ken Goldman, according to a report from The Wrap. "What we concluded is [that] certain of our original video content, we couldn’t see a way to make money over time. I’m thinking of Community, I’m thinking of Sin City Saints and so forth. So there, where we had spent money and had some assets on our balance sheet, we elected to write those off." 
  
 community dedicated a whole episode to a honda SUV 
  
 These original series were unveiled back in April, with Community the most high-profile acquisition. The cult comedy had been a critical success in its early seasons, and Yahoo's decision to renew it for a sixth was reminiscent of Netflix rescuing Arrested Development. However, while Netflix makes it money from subscriptions, Yahoo has to do the same from advertising. For Community, this included a deal making Honda a "presenting sponsor" for the show, with the company given pre-roll video ads and even an entire episode — "Advanced Safety Features" — structured around its new CR-V SUV. 
  
 Although Yahoo said the campaign was a success for Honda (a biometric study reportedly showed that millennials were more "emotionally engaged" with the branded content than the rest of the episode), it wasn't enough to boost the tech firm's own revenues. (Community's Joel McHale already announced earlier this year that the show would not be getting a seventh season.) Goldman reportedly said that although Yahoo's original content — including Community — "didn’t work the way we hoped it would work," the company hasn't ruling out the possibility of trying again in the future. ||||| The Dan Harmon comedy was revived at Yahoo under CMO Kathy Savitt, who recently left for STX. 
  
 Yahoo's push into original content with Community and other comedy series was not a moneymaker for the beleaguered Silicon Valley tech giant. 
  
 The company took a $42 million write-down in its video division during the third quarter, CFO Ken Goldman revealed on the company's third-quarter earnings call. He later explained that Community, Sin City Saints and Other Space were to blame, noting that Yahoo "couldn't see a way to make money over time." 
  
 Yahoo had dabbled in original video in the past with short-form series like the Bachelor spoof Burning Love. But under CMO Kathy Savitt, the company pushed to compete with streamers like Netflix and Amazon by buying a small slate of original TV-length series anchored by Community. Savitt was key to bringing the Dan Harmon comedy to Yahoo after it was canceled by NBC last year, convincing Harmon and Sony that Yahoo was the right home for the show, which Hulu had also explored buying. 
  
 All three shows debuted in the spring of this year to little buzz. In August, Community star Joel McHale revealed that his show would not be returning for a second season on Yahoo because the actors' contracts were up. "All the actors on the show, almost without exception — their stock has risen significantly, and it’s out of the pay rate that is affordable to make the show," he said during an interview. "So you're not going to be able to get Alison Brie or Gillian Jacobs at a normal television salary anymore. There is just not enough money to be able to pay for the show." 
  
 Yahoo, however, remained publicly committed to the series, telling The Hollywood Reporter at the time that it was "continuing to discuss future opportunities for Community." Savitt has since left Yahoo amid an executive exodus to take the top digital job at STX. 
  
 The company is keeping the door open for future projects. "We're not saying we're not going to do these at all in the future, but what we are saying is, in three cases at least, it didn't work the way we had hoped it would work," Goldman said on the call. 
  
 The write-down comes as part of a weak third quarter for Yahoo, in which it slightly missed on both revenue and net income. |||||
Output:
Yahoo's foray into original content has been a costly one. In a Q3 earnings call on Tuesday, CFO Ken Goldman said the company had taken $42 million in write-downs in its video division in creating three shows: sports comedy Sin City Saints, Other Space, and Community, which it picked up after NBC canceled the show last year, per the Hollywood Reporter. All three aired this spring, but Yahoo "couldn't see a way to make money over time," Goldman said, per the Wrap. "Where we had spent money and had some assets on our balance sheet, we elected to write those off." Goldman added more original shows are possible in Yahoo's future, but "in three cases at least, it didn't work the way we had hoped it would work." Yahoo—whose earnings fell below expectations—seemed to follow Netflix's lead in reviving Community, just as Netflix produced a final season of Arrested Development. But unlike Netflix, which is a subscription-based service, Yahoo needed to rely on advertisers, reports the Verge. Back in August, Yahoo said it was "continuing to discuss future opportunities for Community," though star Joel McHale was simultaneously essentially ruling out a seventh season. "All the actors on the show, almost without exception—their stock has risen significantly, and it's out of the pay rate that is affordable to make the show," he said in an interview. "There is just not enough money to be able to pay for the show."