Yahoo streamlines ent. div.; no layoffs expected

September 28, 2007 No layoffs are expected as part of the streamlining, which comes as the struggling Web giant is in the midst of a company-wide re-evaluation following the exit of CEO Terry Semel in June. Vince Broady, head of entertainment and video at Yahoo, is looking to eliminate internal distinctions made among the five areas that comprise the division -- TV, movies, music, games and celebrity-news service OMG! -- to better integrate its efforts. Yahoo! remains committed to the media priorities of its Santa Monica offices, where these businesses maintain important relationships with key media partners.

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