MovesReport: Doug Morris to Step Down as Universal Music CEOAuthored by Mark Hefflinger on November 3, 2009 - 8:02am.
New York
- Universal Music Group chairman and chief executive Doug Morris intends to
step down from his CEO role next summer, BusinessWeek reports. The company is
reportedly grooming international CEO Lucian Grainge to replace Morris, 71, who
is expected to remain chairman of the world's largest record label.
Sponsor Career Moves and Have a Permanent Spot Right Here!Authored by dmw on January 30, 2008 - 1:41pm.
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AOL Names Susan Lyne to New Board of DirectorsAuthored by Mark Hefflinger on November 6, 2009 - 10:36am.
New York
- Nearly two weeks after unveiling its new board of directors, AOL on Friday
announced one new member. The company, which expects to complete its spin out
from parent Time Warner (NYSE: TWX) by the end of this year, named Susan Lyne, the CEO of
online luxury retailer Gilt Groupe, as the board's tenth member. Lyne also has
served as the president and CEO of Martha Stewart Living Omnimedia, and
previously served in various positions at Walt Disney Company, rising to
president of ABC Entertainment. Chaired by CEO Tim Armstrong, the board also
will include Michael Powell, Fredric Reynolds, James Wiatt, Richard Dalzell,
Karen Dykstra, William Hambrecht, Patricia Mitchell and James Stengel.
Consumer Electronics Assn. Names New Executive BoardAuthored by Mark Hefflinger on November 5, 2009 - 1:22pm.
Arlington,
Va. - The Consumer Electronics
Association (CEA) on Thursday announced its 2010 executive board, which will
continue to be chaired by Gary Yacoubian, the vice president of strategic
development for Monster Cable Products. Other members include Brian Dunn, the
CEO of Best Buy; Denise Gibson, the chairman, of Brightstar U.S.; Stan Glasgow, the president and COO of
Sony Electronics; Ian Hendler, the director of business development at Leviton
Manufacturing; and Mark Luden, the president and CEO of The Guitammer Co.
Offerpal Names New CEO in Wake of "Scam" AllegationsAuthored by Mark Hefflinger on November 5, 2009 - 11:46am.
Fremont,
Calif. - Offerpal Media, a
provider of monetization services for online game and social application
developers, announced that it has replaced its CEO, after a controversy erupted
over the past week concerning whether some of its practices qualify as
"scams."
tags: Games | Marketing | Advertising | Social Networking | MySpace | Moves | Offerpal Media | Anu Shukla | George Garrick |
YouTube Head of Content Partnerships Steps DownAuthored by Mark Hefflinger on November 3, 2009 - 10:33am.
San Bruno,
Calif. - Google's YouTube has
lost its head of content partnerships, as Jordan Hoffner has left to joint a
new content venture at IAC headed up by Ben Silverman, PaidContent reported. Hoffner
will be replaced at YouTube by Chris Maxcy, who was leading YouTube's music
content partnership efforts.
eMusic Parent Makes Bid for The OrchardAuthored by Mark Hefflinger on November 3, 2009 - 7:36am.
New York - Dimensional Associates, the private equity unit
of JDS Capital that owns digital music service eMusic, is in talks to acquire all
of the shares of digital music and video distributor The Orchard (NASD: ORCD) it does not
already own, PaidContent reported, citing an SEC filing.
tags: Deals | Music | Moves | eMusic | Acquisitions | The Orchard | Greg Scholl | Dimensional Associates | JDS Capital | Brad Navin | Daniel Stein |
Survey: More Firms Planning to Reverse Salary, Hiring FreezesAuthored by Mark Hefflinger on October 30, 2009 - 7:09am.
Arlington,
Va. - Approximately half of the
companies that froze salaries and hiring in the past year now plan to unfreeze
them in the next six months, according to a new survey by consulting firm
Watson Wyatt.
Co-founders of Reddit Exit Conde NastAuthored by Mark Hefflinger on October 27, 2009 - 12:16pm.
New York - The founders of social news service Reddit, who
three years sold their company to publisher Conde Nast, have announced that
they are leaving the company, PaidContent reported, citing a post on the Reddit
blog. Co-founders Steve Huffman and Alexis Ohanian said in the post that they
plan to pursue other interests.
Investor Carl Icahn Resigns from Yahoo's BoardAuthored by Mark Hefflinger on October 26, 2009 - 10:47am.
San Francisco
- Investor Carl Icahn on Friday resigned his seat on Yahoo's (NASD: YHOO) board of
directors, the Associated Press reported.
Preparing for Spin-Off, AOL Names New Board of DirectorsAuthored by Mark Hefflinger on October 26, 2009 - 10:17am.
New York
- Taking another step toward its separation from parent Time Warner (NYSE: TWX), AOL on
Monday named nine members to serve on its board of directors.
Yahoo Hires Talking Points Memo Writer for Political BlogAuthored by Mark Hefflinger on October 23, 2009 - 10:42am.
Los Angeles
- Yahoo (NASD: YHOO) has hired former Talking Points Memo deputy publisher Andrew Golis to
head up a new political blog, PaidContent reported. Yahoo maintained that it is
not launching a new site or vertical, but rather "ramping up" its
original content.
CEO Resigns from Touch Feedback Developer ImmersionAuthored by Mark Hefflinger on October 21, 2009 - 10:49am.
San Jose,
Calif. - Immersion, a developer
of touch feedback technology often used in video game controllers and other
devices, said on Wednesday that Clent Richardson has resigned as its CEO to
pursue other interests. The company's board has named Victor Viegas,
Immersion's former CEO and a current director, to serve as interim CEO.
"We would like to thank Clent for his service to Immersion and wish him
well in his future endeavors," said Chairman Jack Saltich. Richardson joined
Immersion in April 2008, after having served as the chief marketing officer at
Alviso-based TiVo and Nortel Networks.
Fox Creates New Digital Studio GroupAuthored by Mark Hefflinger on October 19, 2009 - 12:01pm.
Los Angeles
- News Corp.'s Fox Filmed Entertainment has announced the creation of a new
digital arm, Fox Digital Studios, which will focus on development, production
and distribution of original and derivative programming for release on digital
platforms. The unit will be headed by David Worthen Brooks, formerly the
executive creative director at Fox Atomic.
Former Orchard CEO Greg Scholl Joins NBC UniversalAuthored by Mark Hefflinger on October 14, 2009 - 11:38am.
New York
- Greg Scholl, the president and CEO of independent digital music distributor
The Orchard until he resigned a week ago, has been named president of local
media platforms for NBC Universal, PaidContent reported.
Playboy Enterprises Names Alex Vaickus as PresidentAuthored by Mark Hefflinger on October 6, 2009 - 10:11am.
Chicago
- Playboy Enterprises (NYSE: PLA) announced on Tuesday that it has named Alex Vaickus to
the new position of president. Vaickus was previously executive vice president
of Playboy Enterprises, and president of global licensing. Before joining
Playboy, Vaickus served in executive roles at ConAgra and Sara Lee Corporation.
AOL Hires Former Google Exec to Build Ad PlatformAuthored by Mark Hefflinger on October 2, 2009 - 7:25am.
New York
- AOL said that it has hired former Google (NASD: GOOG) executive Shashi Seth
as its senior vice president of global advertising products, charged with
building the company's ad platform as it prepared to split with parent Time
Warner (NYSE: TWX).
Fox Interactive Media Renamed News Corp. Digital MediaAuthored by Mark Hefflinger on September 30, 2009 - 11:01am.
Los Angeles
- News Corp.'s (NYSE: NWS) Fox Interactive Media, the unit that includes properties such as
MySpace, IGN and Photobucket, has been renamed News Corp. Digital Media. The group
also announced a number of management changes, with Dan Fawcett named general counsel
and EVP of business affairs; Jack Kennedy named EVP of operations; Jorge
Espinel named EVP of strategy and corporate development; and Hemanshu Nigam
named SVP of safety, security and privacy. The group also said that Roy Bahat
was promoted to president of IGN Entertainment.
Federated Media Names Deanna Brown as President and COOAuthored by Mark Hefflinger on September 30, 2009 - 11:00am.
San Francisco
- Federated Media Publishing (FM), a San Francisco-based digital media firm
that helps companies market their brands through websites, blogs and social
networking applications, has named Deanna Brown as its president and COO. Brown
most recently served as the president at Scripps Networks Digital, and
previously held vice president and general manager titles at Yahoo and AOL. FM's
clients include American Express, Intel, BMW, HP, Microsoft, RadioShack and
JCPenney.
Orchard CEO Resigns; Company Lays Off 20% of StaffAuthored by Mark Hefflinger on September 30, 2009 - 10:35am.
New York - The Orchard (NASD: ORCD), a digital distributor of independent
music and video content, announced on Wednesday that president and CEO Greg
Scholl has resigned, and additionally that the company has laid off 20% of its
staff as part of a cost-cutting initiative. Scholl will remain on through the
end of October, at which time Danny Stein -- an Orchard board member and currently also chairman and
CEO of eMusic -- will replace him as interim CEO.
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