Former Yahoo! CEO Terry Semel looking for a new but familiar gig

-SDH Terry Semel, the one time leader of all things Yahoo! is said to be itching to re-enter Hollywood via a new gig by possibly taking over an embattled movie studio and bringing it back to life. Semel wants to show that there are second acts for Hollywood moguls. Well we hope for his sake his second act will be better than Mike Ovitz', once dubbed the most powerful man in Hollywood when he tried to get back into Hollywood only to fall flat on his face. As usual Niki Finke has the scoop.