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Revolving Door Newsletter: 06.19.07
No More Yahoos For CEO Terry SemelJune 19, 2007
The Terry Semel era is over at Yahoo. This may not mean much to those of you on the East Coast, but his resignation is the talk of both L.A. and San Francisco. The former Warner Bros. co-chief took the credit for reviving Yahoo after signing on as CEO in 2001, and then he took the blame -- first for lagging behind Google and then for a sagging stock price. His Hollywood 2.0 misadventure didn't help -- that was the interlude in which ex-ABC exec and Lost-greenlighter Lloyd Braun put together an original content operation in Santa Monica that ...