Thursday, April 12, 2012

Yahoo Entertainment Properties Hit Hard In Big Layoff-Reorganization?

Screen Shot 2012-04-10 at 8.11.25 PMOne would guess that the big Yahoo layoff-reorganization includes a culling of some the company's weaker properties -- and yes, we're hearing today that this includes Music and possibly Movies, popular sites that don't monetize well. Word has been leaking out since last week, when Digital Music News wrote a well-sourced article that didn't make the situation sound good. "Will there be a music-dot-yahoo-dot-com?," it quoted one person as saying. "Yes. But will it be integral to the future success to Yahoo??No. Has the traffic been good??No.?Has this content been consistently interesting to advertisers? No."

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