Former AOL Media President Bill Wilson has snagged 10 of his former colleagues from his old company to join the venture that develops sites for local radio stations Townsquare Media. In an announcement, Wilson, who serves as Townsquare Media’s executive vice president and chief digital officer, said the company has relaunched over 30 digital sites for local radio stations and plans to redo all of the company’s 171 radio station digital properties by the first quarter of 2011.
(Note: Strong language contained in quotes in paragraph 3)
By Sarah McBride
Famously salty-tongued Yahoo CEO Carol Bartz says she is trying to cut down on the expletives she uses “because people make so much of it.”
Yahoo confirmed news of a departure tri-fecta, in which Hilary Schneider, EVP of the Americas, David Ko, SVP Audience, Mobile and Local, North America, and Jimmy Pitaro, VP Media, all jumped ship.
For the first time ever in the search world, Microsoft’s Bing overtook Yahoo in August search share, according to the latest data from Nielsen. Bing’s 13.9% share edged out ever- so-slightly Yahoo’s 13.1%.
Traditional media companies have spent the better part of two years trying to cope with the double whammy of recessionary forces washing away advertising revenue and the changing habits of consumers. So how do a bunch of young buck Internet companies see themselves ? As media companies!