I don't think that Yahoo or any other Internet company should try to become a television network. We will be nowhere if we have to create our own content.
More Quotes from Terry Semel:
While advertising revenue will always be an important part of our revenue base, we will leverage non-core assets to deliver premium services,Terry Semel
Yahoo! is the only company with both scale and leadership in branded and search advertising.
Terry Semel
We will be reorganizing the business around these key areas, and as we capitalize on our strengths and focus the business, this realignment may also result in a reduction of the total number of our employees.
Terry Semel
But he added that instant hits -- which Hollywood demands new shows should be -- aren't as important on the Web. The success of Yahoo's new products, he said, should be measured over several years. In television, you had to have a hit overnight, ... Not online.
Terry Semel
We're very proud of what we have accomplished so far but fully embrace the belief that we're still at the beginning of significant long-term opportunities.
Terry Semel
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I write about it in the book and, you know, explain that. But that was the technicality that actually got my sentence reduced - that Alan Dershowitz used to have my sentence - it came down eventually to eight years.
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If you know how to do a job very well, you keep doing it.
Joan Chen