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Wish I could find the article I read this in (googling around has failed me), but I believe around 2010 they also started bringing in execs and business people from Hollywood/MSM and there was a big clash of cultures.


The first Hollywood connection surfaced by my quick googling is the Semel arc, 2001-2007:

http://www.cnet.com/news/yahoos-ceo-reaches-out-to-hollywood...

http://www.cnet.com/news/google-vs-yahoo-clash-of-cultures-1...

http://www.wired.com/2007/02/yahoo-3/

http://metue.com/06-18-2007/yahoo-ceo/

The Wired article looks particularly painful. If memory serves, Yahoo first declined to buy proto-Google for one million. Then again in 2002 for 5 billion.


Pretty much everyone with a million dollars laying around declined to spend it on acquiring Google back then, it's not like Yahoo was the only company they approached.


Terry Semel himself was from Hollywood, and he took over in 2001.




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