It's a 21st-century media company. The difference between the more traditional media companies and companies like Yahoo is all about technology, and the two - technology and media - totally marry each other.
More Quotes from Terry Semel:
By buying out Softbank's JV (joint venture) interests, our strategic flexibility to take advantage of international growth opportunities in Korea and Europe will be enhanced, and this new structure should lead to a more efficient, longer-term operating and tax model.Terry Semel
Yahoo and Seven have very complementary businesses and brands, and we see this as a tremendous opportunity to build a leadership position in Australia.
Terry Semel
One year ago, we were underperforming the overall advertising market, ... Now, because of this balance, we feel confident that we will achieve double-digit year-over-year growth in marketing services during the second half of this year.
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As we reorganized the business and reduced costs throughout the year, Yahoo managed through the difficult environment, ... We continue to focus on long-term growth as we execute our strategy of building a diversified global business.
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It was a great cause and a wonderful night. We were so happy to help.
Terry Semel
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