Yahoo Music Dismantled, With Several Other Verticals Shuttered
February 18, 2016 at 11:52 AM (PT)
In the wake of its disappointing earnings call, YAHOO CEO MARISSA MAYER announced that up to 15% of the company's work force would be laid off -- and among the casualties are almost everyone af YAHOO MUSIC.
Among those exiting longtime editor DAVE DiMARTINO and BILLY JOHNSON, holdovers from the days of LAUNCH, leaving Managing Editor LYNDSEY PARKER as the lone survivor.
YAHOO also pulled the plug on YAHOO TECH top editor DAN TYNAN, though DAVID POGUE, who was one of the site's much-ballyhooed hirings when he was brought in from the NEW YORK TIMES, remains. Another much-publicized, big-ticket acquisition, KATIE COURIC, is still on staff.
Also on the chopping block: YAHOO FOOD, YAHOO HEALTH, YAHOO PARENTING, YAHOO MAKERS, YAHOO TRAVEL (where former N. Y. POST PAGE SIX correspondent PAULA FROEHLICH was recently replaced by LAURA BEGLEY BLOOM), YAHOO AUTOS and YAHOO REAL ESTATE.
YAHOO's verticals for beauty, style, celebrity, TV, movies and music will reportedly remain, even if the latter has but a single editor left.
YAHOO Global Editor-in-Chief MARTHA NELSON's TUMBLR post announced the changes, reiterating that the company will now "simplify our business and focus our effort on our four most successful content areas -- News, Sports, Finance and Lifestyle."
Several sources have speculated YAHOO is hoping the streamlining will attract a deep-pocketed buyer in the midst of "investor unrest, a looming proxy fight and what appears to be a split between MAYER and the board," according to RE/CODE.