Re: Yahoo! What will happen?
TelecomFreq
3/16/2012 2:47:17 PM
When I was in high school Yahoo was the big dog on the internet block, and now it seems that they are just lost and do not know where to go. I feel like they need to do something different and really stick with it. Its just so hard to say what would work for them right now.
I'm not going propose a value for this stock. Rick Summer said Morningstar believes Yahoo is worth $17 but with the caveat about staying away for now unless you already invested in the company.
Yahoo previously tried to get some licensing fees from Facebook as it had done with some other companies. Without knowing how much money Yahoo wants from Facebook, it is difficult to say how much of a legal slugfest this is going to be.
Either way, the lawsuit does not answer Yahoo's central issue of figuring out a real core strategy. We need to see SOMETHING from Yahoo that declares why this company is still relevant.
Yahoo! What will happen?
Phoenix
3/16/2012 2:14:18 PM
Do you really think Yahoo's shares are actually worth $17? The lack of a clear strategy and direction sure makes it difficult to believe that the stock is underpriced. Specially when you take the risk factor into consideration. What do you think will happen with the facebook lawsuit? Will winning it make a big difference?
Katie Couric must not think Zucker is so awful as he's exec producing her upcoming talk show.
I think we're missing the point here. Zucker would be just one board seat. Loeb is at least running names who will disrupt Yahoo's current business, which needs to be disrupted. But if there are better names, I am all for hearing them.
@Cattail, I have qualms about Zucker too. If Yahoo wants to focus on content, he's not the man. Remember when he thought his appearance on Kirstie Ally's short lived Fat Actress was a good idea?
|
Kirstie forces her agent to set up a meeting with Jeff Zucker who thinks she is too fat for television, but ends up with a holding deal after sleeping with the executive. |
You can watch it here: http://www.imdb.com/video/amazon/vi3691945753/
But it's not pretty.
Re: No clear direction
cat tail
3/16/2012 11:21:07 AM
I'm siding with Dex here on Zucker. Thompson's endorsement of him does not, to me, say much about Yahoo's future.
New York Times columnist Maureen Dowd once wrote that in Hollywood "there has been a single topic of discussion: How does Jeff Zucker keep rising and rising while the fortunes of NBC keep falling and falling? ...many in the Hollywood community have always regarded him as ...a network Napoleon who never bothered to learn about developing shows and managing talent." She explained that Zucker "is a master at managing up with bosses and calculating cost-per-hour benefits, but even though he made money on cable shows, he could not program the network to save his life."
Dowd also reported that an unnamed "honcho at another network" stated that "Zucker is a case study in the most destructive media executive ever to exist... You'd have to tell me who else has taken a once-great network and literally destroyed it."
Zucker had success and failure at NBC. He wasn't perfect. But we're talking a board seat, not a direct management role. He knows the entertainment business and Yahoo needs to focus on content.
Re: No clear direction
Dex
3/16/2012 11:05:06 AM
Jeff Zucker? Really? He ruined NBC, so what do you think he can do for Yahoo, @TechProspector?
Someone tweeted this week that Yahoo should sell its core business to Microsoft for $6 billion and then change its name to Asian Assets, Inc. Right now, the asian assets are the whole story for Yahoo.
The only thing the new Yahoo CEO has proven so far is he knows how to turn the company into a patent troll. I am all for Loeb's slate of directors (especially Jeff Zucker) getting in there and shaking things up. Yahoo has zero direction and has not shown one bit of improvement since Bartz was removed.
Have yet to see what their latest CEO has in store for the company but Summer made it clear that any plans could change AGAIN if this fight over Yahoo's board leads to a new slate of directors.
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