Word: semele
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Terry Semel had downplayed the system's repeated postponements, calling Panama an undertaking as big as any product launch ever. But there was a price to pay for the delay. "A lot of people [at Yahoo!] feel abused by the outside world and its perception of the company," says Ellen Siminoff, one of Yahoo!'s founding executives, who heads search-advertising agency Efficient Frontier. "They have missed a few quarters this year, they have lowered expectations, they were late in delivering Panama, and so they're in the penalty box with Wall Street...
...Yahoo's Media Group could use a hit. Company CEO Terry Semel recruited former ABC-TV chairman Lloyd Braun two years ago to help the portal become a serious show biz player, and the Media Group was touted as an incubator for revolutionary new online content. But a series of gaffes ensued: plans to revive a TV pilot called "The Runner" as an interactive game went nowhere, a roving war correspondent and an adventure travel guide failed to click with audiences, and there was even discussion of having a newscast read by puppets. This year, scaling back its ambitious plans...
...Semel may be ideally suited to bringing Silicon Valley and Hollywoodtogether. Soft-spoken and unassuming, Semel, along with fellow former Warner Bros. co- chairman Bob Daly, is credited with helping expand Warner Bros. into a highly profitable business, in part by ratcheting up movie-related merchandising and overseeing hits like ER and Friends on TV and movies like Batman, Chariots of Fire and The Matrix. He carefully maintains the connections he made at Warner, and though he now works out of Yahoo!'s Sunnyvale, Calif., headquarters in Silicon Valley during the week, his home is in Bel Air, where...
...Semel's previous effort to put video online didn't fare well. In 2003 Yahoo! offered a service called Platinum, with a mix of ABC News, National Geographic and sports from CBS, for $9.95 a month. Consumer interest was so low that Platinum folded before the year was out. This time, Semel is sticking to an advertising-only model, at least for now. "Our primary business is advertising," he notes. "If we have the largest audience in the world, why won't that be a good business...
...Apple's iTunes store has shown that it is possible to make money with paid online distribution of content. In fact, Semel bought San Diego--based online music-subscription service Musicmatch last fall for $160 million and will soon launch a new digital music store of his own, possibly by the end of this month...