Latest Bad News from Yahoo & Gossip about a Big Meeting on Tuesday

December 4, 2006 by Lisa Oshima | Social Media

I’ve talked quite a bit about Yahoo‘s social media plans in recent blogs.  There’s a great posting on Paidcontent.org today, which I recommend reading if you’re interested in this topic.  Among other things, the posting discusses the disintegration of Yahoo’s deal with CurrentTV and the recent departure of David Katz, VP within Yahoo Media Group, and former head of Yahoo Studios and Yahoo Sports.  Additionally, the post says:

we have heard from sources that a major exec meeting across the board (VP level and above) is slated at Yahoo, this Tuesday, and we may hear some major news….no sure what the agenda is, but restructuring the executive portfolios might be one part of it, there’s speculation internally.

For a good rehash of some of the conversations floating in the blogosphere about Yahoo’s social media strategy following the “Peanut Butter Manifesto,” check out Mario Sundar’s blog from November 20th.).

UPDATE Dec 6, 206: Following Tuesday’s meeting at Yahoo, Dan Rosensweig is out, and CFO Susan Decker is now head of the Advertiser and Publisher Group (including Sales). This is one of three new business units announced in the restructuring, which Yahoo hopes to be completed by March. To read more, click here.

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