Former AOL boss Jon Miller best if used after March 2009

- SDH When Jon Miller was booted from AOL, he basically went underground barely heard from and/or seen. Now things are looking like they are about to be shaken up at Yahoo and he surfaces as a potential board member. But too bad for him his former employer Time Warner still has the hold on him until 2009. Miller is being put up to join the board of troubled web giant Yahoo! which many think is a prelude for an eventual Miller administration at the company. Poor Miller thought his former bosses at Time Warner would have been OK with him joining Yahoo! by waiving the non-compete clause. But he was dealt a blow late last week when he was told no way. We bet if Dick Parsons was still running the show at Time Warner Jon Miller would have been able to hop on board the Yahoo train. That Jeff Bewkes is a by the books kinda guy isn’t he, or shall we say by the contract kinda guy. Well Lucky for Jon, 2009 is right around the corner.

For Yahoo! News, The rescue of 401 children from a ranch in Texas with ties to jailed polygamist leader Warren Jeffs, is just entertainment

By ZOE No we're not going off our usual beat here but we were kinda puzzled when we came across this headline(right) at the top of Yahoo! News' Entertainment news page. We're not sure how this falls into this category but either someone was asleep at the controls at Yahoo! or Yahoo! is making it known how they feel about the whole polygamy thing.

Microsoft’s Steve Ballmer taking a Suge Knight approach to the whole Yahoo! Thing

By SDH And we thought this evaporated into thin air when Yahoo! CEO Jerry Yang said fuck you to Microsoft’s $40 billion offer. Microsoft CEO Steve Ballmer really wants Yahoo! and it looks like he is sick and tired of waiting around while Jerry Yang plays hard to get. Now Ballmer is offering ultimatums, telling Yahooers they had better come to the table or they will go over heads to get the deal done. Ballmer believes Yahoo! got the best offer out there and will try to convince the company’s shareholders that it is. "If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo board," wrote Microsoft Chief Executive Steve Ballmer.

Former Jane Magazine editor Brandon Holley launches Shine on Yahoo!

The new launch comes as there is speculation that the Microsoft-Yahoo deal may finally be announced this week BySDH Former Jane Editor, Brandon Holley has resurfaced as the mind behind new women’s web portal Shine. Clearly Shine is going after the same demo as sites like iVillage? But is Shine being part of Yahoo! An unfair advantage? Shine will get the traffic, at least in the first couple of weeks, but will it be direct traffic or come across traffic meaning will Shine’s visitors be from people looking for Shine, or from people who happened to come across Shine? Though no new launch should be underestimated, we’re sure the folks at iVillage won’t be losing any sleep. On another note, Yahoo’s Shine isn’t the only shine on the web. The web portal of Black Entertainment Television also has a section called Shine where visitors can post their pictures for comments and ratings.

Did Yahoo! middle it's logo to shake off AOL.com's copycatting ways?

By SDH When Yahoo! launched their revised home page, not long after, AOL launched a new home page reflecting their new all is welcome model. But something was familiar about it. It looked like the exact layout Yahoo! rolled out with, but with different colors and of course the AOL logo. Well it looks like Yahoo! grew tired of AOL stealing their look and decided to make a little bitty change by moving their logo to the middle of the home page and moving the search bar underneath it. Way to go Yahoo! that’s how you shake off fucking copycats.

Time Warner's Bewkes speaking a little clearer now

BY SDH During his first earnings call as Time Warner CEO, Jeff Bewkes didn't meet expectations as far as what many on the call was hoping the lankly banker turned media heavy would reveal about his plans. When the call was done, all we knew was that he was indeed the new CEO, AOL will look to sell off their sleepy dial up business, even though we can't imagine who would want to buy it, and he was leaving Time Inc as is. But now as he warms to the new gig, Bewkes is spitting out more as he starts to see the big picture more clearly. During the recent Bear Stearns media conference, Bewkes teased the audience with his AOL hopes and plans, only saying that he was open to slapping the troubled internet unit with another company, a clear hint to Yahoo! that they can come knocking. But Bewkes's other revelations only further boosted what others have been saying for some time now like spinning off Cable. However Bewkes continues in his mistake of not trimming up Time Inc. Jeff Bewkes must change his position on the magazine publisher or it will get worst.

Afternoon Wire....

-BY SDH MTV is returning to its roots in an effort to take on Yahoo Music and Myspace. But isn't Yahoo Music being killed? [JR] Do we really need another online video site? Actor Damon Wayans, hurting for a hit movie is putting on his entrepreneurial hat with the soon to be launched wayouttv.com. Hopefully it wont end up like Revver.com [LAT] Vanity Fair's Mike Wolfe tells us something we all already know [VF] What's with Viacom and video game's? There is a little rumor that they are eying yet another video game publisher, Take-Two Interactive which is currently ran by former BMG Music boss Strauss "In the house" Zelnick [GI] Awww! Rupert Murdoch will attend his mother's 99th birthday. Ok so we are adding to the total fucking question as to why is this news? Of course he is. Happy B-Day Mrs. Murdoch! [AP] Rush & Malloy confuses rap mogul Jay-z with that skinny white kid Aaron Carter? They have got to be kidding! And what's with the corny headline? A weak attempt at being cool? [NYDN]

Yahoo CEO Jerry Yang to underlings: Chillax!

BY SDH Yahoo Founder turned CEO Jerry Yang joins the club of clueless CEOs who are totally out of touch with concerns of the little people that drive the engine of the ship they steer. Yahoo! employees are understandably worried about what will happen to them with major job cuts on the horizon. And if that wasn't enough, here comes Microsoft with a fat offer to take over the company. So are Jerry Yang and his number two Sue Decker Naive? They aren't worried about job cuts, because they are the ones doing the cutting, or at least ordered it. They aren't worried about what will happen to them if they do take Microsoft's money and run, because they will benefit from any sale financially. So what do we have to say to the poor bastards at Yahoo! awaiting their fate? Launch a “hire us” campaign aimed at Google. They are growing and hiring out the wazzooo! Oh yeah while you're at it, thank Terry Fucking Semel Yahoo! employees were already in a serious state of unrest awaiting word on the number and nature of layoffs leading up to last week's earnings call, where it was revealed that 700 people would be let go as part of the company's turnaround efforts. "Now they are in a complete state of turmoil, wondering if there are going to be a bunch more cuts since a lot of Yahoo!'s operations overlap with Microsoft's," said one source who has spoken with Yahoo! employees since the Microsoft offer emerged. YAHOO! WHINERS [NYP]

Selling AOL is probably the last thing on Jeff Bewkes's mind

-SDH Since the Microsoft bid for Yahoo! speculations started to come from all angles regarding Time Warner's AOL business. Some say AOL could be doomed, some say there is no one to buy AOL now and some call it, Jeff Bewkes's first test. We call it all bullshit. Who says Jeff Bewkes was even thinking abut selling off AOL. Personally, we think he is going to keep AOL under Time Warner and continue to build it into an ad powerhouse while focusing more on what to do with old content businesses like Time Inc, and fully spinning off Time Warner cable. The only change we would like to see at AOL is Randy Falco gone and replaced by a real internet guy. AOL is just part of a bigger test Jeff Bewkes faces. He already passed the first test and that was to show the board he is the man to takeover the company. Related: AOL buys online affiliate marketing network buy.at

And now this morning's worthy media business news...

News Corp sees a little jump in profits and the future looks bright [NYT] News Corp had their earnings call yesterday with News Corp number two Peter Chernin playing host where he told analysts and investors that the company isn't hurting from ad slumps, in fact Chernin said advertising sales are higher at News Corp's Fox News Channel and the Fox Broadcasting television network, which is offsetting a decline in its movie studio business. The company beat Wall Street revenue expectations of $8.3 billion by $300 million coming in at $8.6 billion. Oh yeah and Myspace is doing great too. Sun-Times Media Group looking at ways to make it's shareholders even richer. One option on the table? Slapping a big for sale sign on the company [NYT] Sun-Times Media Group is looking for an easy way out where all involved can cash out and go on about their business. The company is said to be weighing their options like entering a joint venture, strategic partnership or selling the whole company. Our money is on the latter. The question is who will drop the cash? Microsoft offers a shit load of cash for Yahoo! and what does Yahoo! do? They drop their music subscription business and will replace it with Realnetworks' Rhapsody [Reuters] We thought with the load of cash (over $40 billion) Steve Ballmer and Bill Gates are dangling in front of Yahoo! Founder and CEO Jerry Yang’s face he would be in the trenches with his sleeves rolled up trying to get Bill and Steve to go up to an even $50 Billion. Nope. Instead we get word that Yahoo! is dropping their subscription music service in favor of Rhapsody, a service from RealNetworks. The deal calls for Yahoo! to promote Rhapsody all over its website... DUH! The deal calls for both companies to come up with other music related digital ventures as well YAWN! Did we mention that if you're currently a Yahoo Music subscriber paying the $9 a month you will continue to pay that amount for the new Rhapsody service until Rhapsody dips in your pocket for $15 a month? Do you even care?

Glam Media hires Yahoo! Exec and gives him a looong title

-SDH Former Yahoo!-an Dr. Kiumarse Zamanian wanted to glam up his career so where better to do this than at Glam Media. The media company geared towards women said that the good Dr. will join their team as vice president of Glam Evolution Advertising Platform. Zamanian isn't fully disconnected from Yahoo! though. He is co-holder of three U.S. Yahoo! patents which could mean big bucks for him if Yahoo! decides to sell itself. Dr. Zamanian's significant contributions at Yahoo!, driving key innovations in advertising media platforms and smart display ads, make him the ideal hire as Glam revolutionizes display advertising by better managing brand engagement online," said Fernando Ruarte, co-founder and CTO, Glam Media. "The expansion of Glam's technology team will help strengthen the Glam Evolution premium display advertising platform across highly-targeted audiences and vertical channels." Glam Media Hires Yahoo! Veteran Dr. Kiumarse Zamanian as Vice President of Glam Evolution Advertising Platform [PRNW]

And now this morning's worthy media business news...

New York Times: With the New York Post's endorsment of Barack Obama, does this really splitsville for Rupert Murdoch and Hillary Clinton? Their newfound friendship seemingly came to a crashing end last Thursday. There was the headline on the front page of The Post, right next to “Cop Sex Ring,” for all to see: “Post Endorses Obama.” New York Post: Is anyone surprised that Google has injected itself into the whole Yahoo! Microsoft flirting? In a terse broadside of what could be a protracted war, Google's chief legal officer, David Drummond, hammered on concerns about Microsoft's software monopoly and its history of clashing with regulators over antitrust issues. AP: News Corp not interested in Yahoo! and today is earnings report day Apparently people were speculating that News Corp which is still digesting it's acquisition of Dow Jones would be interested in Yahoo! We're sure Rupe and his team looked at the company from a far but we don't see Rupert Murdoch dropping that much cash on anything right now. And besides, Microsoft is offering $44 Billion, way more than Yahoo! is worth right now and word is they are balking at the offer price saying it is too low.

Former Yahoo! boss Terry Semel is probably praying his former company bows to Microsoft

-SDH Of all the shareholders out there praying that Yahoo! takes up Microsoft on their offer, former Yahoo! CEO Terry Semel is probably the loudest. See Semel holds a nice amount of Yahoo! Stock and with Microsoft's Murdochian style offer of $44 Billion to swallow the online giant, Semel may run out of places to put money. With Semel officially stepping down from Yahoo's board yesterday, there is no doubt that he is moving full speed ahead with his second act which may have him trying to buy a movie studio and installing himself as CEO. So is Terry Semel on his knees praying that Yahoo! says yes? You fucking bet ya!

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.

So this is what Yahoo! plans to do with the money they will save when they shit-can staffers

-SDH Yahoo! which already has an online service that caters to record labels, is rumored to be launching another one catering to record labels. We have no idea why these major Internet companies insist on getting into this business, but apparently it's a money maker and they want their cut. Yahoo's new music service will of course be ad driven. However we're kind of confused because Yahoo already has Yahoo! Juke Box Unlimited where you can buy singles or entire albums for download to your digital music player, burn it to a CD or just keep it on your desk top. So how will this new rumored service be different? The report, dated late Wednesday, quoted two unnamed record company executives and said details are still being negotiated and that Yahoo could offer the MP3 files either for sale or for free as part of an ad-supported service Yahoo discussing online music deals: report [Reuters]

One of CNBC's first major moves to back off Fox Business News, putting it's content on Yahoo! Finance

We hope the suits at business news network CNBC aren't giddy about their little deal to put their content on Yahoo! Finance. This apparently one of their moves to make sure they stay ahead of the game with Fox Business News being around and all. Yeah you know, this is the same deal a bunch of gossip and media blogs had with Yahoo! about a year ago where their gossipy content was available in Yahoo!'s entertainment section. You guys have to walk with an 800 ft stick to keep FBN at bay, seriously. CNBC to distribute business news on Yahoo Finance [Reuters]

Thank Cho Seung-Hui for your traffic spike

-NEIL YOSHIDA We were wondering how long it would have taken for someone to point out how others are benefiting from the Virginia Tech murders. Mediaweek's Mike Shields takes us through how traffic has picked up at major online news portals as the story unfolds. Why do we feel that somewhere at each of the major websites mentioned in Shields' article some sick individual is saying or has said, "If only we could get a story like this every month". But its not geometry, major events brings more traffic and/or newscast viewership. Category leader Yahoo News saw its audience swell 13 percent to more than 8 million uniques on Monday versus the previous week. Meanwhile, MSNBC.com and CNN.com experienced monster gains, as their unique audiences surged by 47 percent and 45 percent respectively. Each site continued to see its total user base grow on Tuesday as more details of the story emerged, with Yahoo and MSNBC’s unique audiences hitting 8.5 and 8.4 million uniques that day. Web Traffic Surges As Virginia Tech Story Unravels [Mediaweek]

Morning Wire: 200 to die at Discovery, Pinch Sulzberger's image and more in this morning's worthy media news

Is this Discovery 2.0? Former Jeff Zucker underling David Zaslav is taking a page out of his former boss's play book by pink slipping 200 Discovery staffers. Zaslav seems to be really serious about getting the company in good financial shape. [NYP] Consumer Reports magazine names two editors and plans to give itself a face lift as well. Does the change have anything to do with that botched report on baby car seats? [NYT] Wow! Tribune just keeps spinning off stories like we don't know what [NYT] Yeeeaaah! Yahoo! CEO Terry Semel finally has something to brag about. His new ad system, dubbed Panama is getting "ooohs" and "ahhhhs" from advertisers. [NYP] New tell all-esque book paints New York Times publisher Arthur "Pinch" Sulzberger Jr. as a publicity slut [PageSix]

Taking a look at Yahoo CEO Terry Semel's stock exercises

-Shomari Hines Perhaps this is something we should have thrown on over to our friends at Dealbreaker.com but being that it has to do with a company we cover, we decided to take a crack at it. Over the weekend we got a very interesting tip about Yahoo CEO Terry Semel and his options. Well we wont really call this a tip being that the info we’re about to share is available to the public or most of it anyway. But what’s interesting about this is that, it has stayed under the radar while other tech/internet CEO’s were in the spotlight about their stock options and practices. Well this weekend thanks to an email from a man we will call Johnny, who is a former options market maker on the Chicago Board Options Exchange and the Pacific Options Exchange for over ten years maybe Semel deserves his share of the spotlight. Below is what “Johnny” had to share with us after the click. CONTINUED... I am a former options market maker on the Chicago Board Options Exchange and the Pacific Options Exchange for over ten years, having traded and held the largest positions personally as anyone who ever walked on those trading floors. So with that in mind, here are the specifics. On April 16, 2001 there was an agreement made between Terry Semel and Yahoo where by he was granted options to buy a total of 10,000,000 shares of Yahoo at various prices. That agreement says that the 5,000,000 options is to be bought at Fair market value(as defined in the plan) on the date of the grant.The Fair Value of those 10,000,000 options if they were indeed granted on April 16, 2001 with the stock at 17.62 would have been over$110,000,000.00. If those options were granted on May 1, 2001 when the stock was trading at 22, the options were worth perhaps $135,000,000.00.If the Ageement was indeed dated April 16, why did it not just specify the exercise price of $17.62 for the 5 million shares. Why did it leave that price open.Semel did not begin as CEO and Chairman untill May 1, 2001, when the stock was 22. Although, I have no hard evidence that the shares were back dated, April 16 was at the trough with 20 days on each side.What is most significant is that the 10 million grant was the largest in history in terms of total value as calculated by the SEC and FASB, even if it was not back dated. The most glaring abuse is the grant of 2,900,000 (pre split) options on March 10, 2004 at the strike price of $41.70 ( 5 cents above the lowest closing price of the year and prior to the biggest 30 day advance of the stock in 6 years since. He sold 2 million shares at 55.25 pre-split prices on April 12, 2004 and another 1,500,000 (pre- split shares at 60 in July 2004) after an announced 2/1 split on April 7, 2001 together with great earnings.I am certain that this grant at $41.70 was backdated and spring loaded. He has been granted more options and exercised many of the options and sold the stock.Since he became CEO on May 1, 2001, the stock has gone up 185% 11-30. Many other stocks have advanced much more than that, but no CEO received more options grants or exercised and sold more stock.

Yahoo! the rats?

-Shomari Hines Be careful what you write online because there are rats crawling all over the Internet waiting to spill the beans on you. Back in 2002 a man by the name of Wang Xiaoning was yanked from his house by Chinese Internet cops and taken away never to be seen in public again. Why you ask? Well because he was accused of writing about things the Chinese Government didn't like. Yahoo! played a huge roll in his conviction when they turned over all evidence of what Wang Xiaoning was doing online. Now his wife wants to take the fight to Yahoo! Good luck with that. Five years later, Yu, 55, sits in the dining room of a small house in Fairfax and weeps softly. She is a slight woman -- 100 pounds and barely 5 feet tall in slippers. Her eyes betray her exhaustion; but she is determined, too. She carries a thick stack of notes with her, and she has scrawled more on her left hand. "Yahoo betrayed my husband and deprived him of freedom," Yu says through a translator, her voice trembling. "Yahoo must learn its lesson." 'Yahoo Betrayed My Husband' [Wired]

Yahoo may be getting their industry reporting a little mixed up

Scrolling for our usual worthy media news this morning, we came across the story headline above. We took the time and browsed through the article but then we got a little confused. Either, Yahoo is getting its industry reporting mixed up or, we're missing something. One tobacco company buying another is not really entertainment news is it, unless some movie star or rapper has signed on as the pusher?

Morning Wire: Lloyd Braun & Gail Berman get in bed together with Berman on top

Gail Berman who resigned a little under a month ago from her post as President of Paramount Pictures is teaming up with former Yahoo Media hype man Lloyd Braun to form a new company to be called Berman-Braun Productions. We think Braun-Berman rolls of the tongue better but clearly Gail Berman has the bigger dick in this deal. The two had been meeting with potential partners in Hollywood and seeking office space, the Times cited an entertainment industry executive close to both as saying. See. Now this is how its done. You leave a major company, jump right back into the game because you can miss a lot of boats. Ex-Paramount, Yahoo execs to start firm: report [Reuters]

Yahoo! Today: No longer thinking inside the box

Terry Semel, chief executive, conceded this week that the already delayed Panama would not go “live” for many advertisers before the end of this year. Advertisers would not welcome such a big change in the middle of the holiday shopping season, he said, though in defence of Yahoo’s progress he added: “I’d put it up against any major product launch, ever.” The longer Yahoo has waited for Panama, the more its fortunes have suffered. At the heart of the problem has been something known as “marketplace design” – what Prabhakar Raghavan, head of research at Yahoo, calls “the fancy name for how you do your ordering of ads on search results”. Perhaps the name Iraq would have been a better fit.......No? Yahoo starts to think out of the box [FT]

POLL: Man are we in a polling mood today!

Ok Ok, last one. With all the talk about who could or would replace Yahoo CEO Terry Semel if and when he leaves or gets booted, we put together the list of potential candidates three of which are already being mentioned as possible candidates in published reports. However we threw in a long shot choice because well, sometimes the long shotters win. So in our last poll of the day, we ask you the readers, which one of these people would you install as Yahoo! CEO? WHO WOULD YOU INSTALL AS YAHOO CEO? SUE DECKER ROSS LEVINSOHN TOM FRESTON CHAD HURLEY Free polls from Pollhost.com

POLL: Hating on Terry Semel

Terry Semel is pissed at the fact that he is being dogged in the media. So OK maybe the hate it is being laid on a little thick, but that still doesn't kill the fact that secretly Wall Street would love to see Terry leave. What do you think, Should Terry Semel leave Yahoo! or stick around? Free polls from Pollhost.com SHOULD TERRY SEMEL STAY OR GO? STAY GO MAYBE SO

Terry Semel is fucking pissed!

It looks like Yahoo! CEO Terry Semel has reached his boiling point with all the stuff media reports have been saying about him and his company. But Terry Semel needs to understand that sometimes it is what it is. In a webcast to Yahoo! staffers Semel tried to tell his troops not to believe the crap in the media about him or the company. But for some reason we think the troops are secretly siding with the media. At the next all-hands. Just as a reminder. I'm sorry I didn't do it today. I'm gonna put up there all of the press reports on how Yahoo! was going out of business 5 years ago. And of how we were gonna be swallowed up by AOL, owned by Time-Warner, and by Microsoft, and by everybody else. And Yahoo! looked like it had a dim future. Well those headlines, of course, were used to wrap a lot of fish in a lot of people's houses, as the expression goes. And they were all full of shit, and they had no idea what we had planned for them. And they do not now as well! So, we could read about how I'm gonna join some retirement home. And we could read about how the company doesn't have a vision. And we could read about how we can't do this and we can't do that. Trust me, they will be as full of shit this time as they were last time." Press 'full of shit' [Valleywag]

So what do investors really want to see happen at Yahoo?

Apparently Wall Street didn't react the way Terry Semel and company thought they would. Terry was probably hoping for some praise from analyst and a little spike in the stock but nothing really happened after the announcement of a mini shake up except for probably some internal celebrations within Lloyd Braun's soon to be former team. So what do greedy Investors want to see? We figured we would list some things that would get the blood pumping on Wall Street for Yahoo again. OK two down and we would say two more to go. Here are some things that need to take place at Yahoo! for greedy investors to start wearing their green dollar sign t-shirts under their suits for Yahoo again. Continued>> Terry Semel should gradually start shifting some of his duties over to Sue Decker and eventually hand over the CEO title to her on the interim, holding the Chairmanship to head a group who will find Yahoo's next leader Bring in a Fresh face to run the media group who will report directly to the CEO In searching for a new CEO don't consider anyone over the age of 65. It's an internet company for crying out loud. What do you really think Barry Diller runs IAC? Put up a better picture of Jerry Yang on the management page. Buy a friggin internet start up already. Investors love shit like that. it gives them hope that they may be able to get even richer than they already are. Don't let Sue Decker keep the CEO title. Really look outside for new meat. Hey Jon Miller is out of a Job. Then again nah. Put the company on the block to spike the stock then take it back off. Thats the in thing right now.

Major changes at Yahoo! Braun & Rosensweig out, Semel still sitting pretty, for now

It's Official. Some major changes are coming to Yahoo! and it doesn't include former Viacom CEO Tom Freston or anyone else for that matter. The moves include the departure of Dan Rosensweig, Yahoo's chief operating officer since April 2003, and the resignation of Lloyd Braun, the former ABC executive who ran Yahoo's media group in Santa Monica, Calif. Under the plan, Yahoo will reorganize itself into three operating units, including one focused on its audience and one on its advertisers and publishers. A third unit, focused on technology, will develop products serving the entire organization. "There is no question, our new structure will increase accountability, will reduce bottlenecks and speed decision making," Terry Semel, Yahoo's chairman and chief executive officer, said in an interview. Does former Fox Interactive chief Ross Levinsohn fit into this some how? Yahoo Aims to Become More Nimble [NYT]

Yahoo! wouldn't be a good look for Freston, we think, then again it could be....

So rumors are flowing like Diarrhea that former Viacom topper Tom "Tommy Boy" Freston may have been, or will be approached by the folks at Yahoo! about taking over for Terry Semel. We wouldn't be surprised being that Yahoo! seems to have a thing for traditional media guys and Semel seems to be on his last round. But for some reason we just don't see Tom Freston running a company like Yahoo! We mentioned before that we more see Tom heading a major record company, but there are no jobs on the CEO level open. But never the less it would be a great fit for Tom. So let’s just say that Yahoo! does offer and Tom bites. Does this mean that Viacom's Redstone should worry? Maybe MTV queen Judy McGrath didn't leave because she had no where to go. Would this be the door for the major exits Redstone feared? Ahh not sure on this but Techcrunch seems to have their finger on info as it flows out of Yahoo! Maybe by week's end we will know for sure what's really going on at Yahoo!, or with Freston for that Matter. Yahoo Execs Meeting To Discuss Major Shakeup [Techcrunch]

Yahoo! and Reuters desperate for news

Following in the desperate foot steps of CNN, Yahoo! and Reuters wants you to report news for them if you have a camera phone. Hoping to turn the millions of people with digital cameras and camera phones into photojournalists, Yahoo and Reuters are introducing a new effort to showcase photographs and video of news events submitted by the public. “There is an ongoing demand for interesting and iconic images,” said Chris Ahearn, the president of the Reuters media group. He said the agency had always bought newsworthy pictures from individuals and part-time contributors known as stringers. Have Camera Phone? Yahoo and Reuters Want You to Work for Their News Service [NYT]

Media Quicky: The Zuckerization of NBC Universal NOT?

Wait a minute now, so not only does Jeff Zucker, have competition from within the peacock media company from Beth Comstock, now rumors are running wild that he could be could be topped by Yahoo! CEO terry Semel who seems to be on his last leg at the Internet giant. Poor Jeff cant seem to wait in line peacefully.

Yahoo! boss Terry Semel working hard to catch up

This weekend's Wall Street Journal had an interesting article on Yahoo! and the great opportunities missed by the company. Yahoo! CEO Terry Semel has been working hard to smooth that over by doing deals with newspapers (176 of them) that will see the papers share content, advertising and technology. “There has been a big question asked for a while as to how newspapers will navigate the online future,” said William Dean Singleton, vice chairman and chief executive of MediaNews Group, one of the members of the consortium. “I think this is the answer to that question.” Lets hope you're right Dean. 176 Newspapers to Form a Partnership With Yahoo [NYT] <;/div>