July 20, 2005
This article was brought to my attention by Romeo. Yahoo is apprently facing issues trying to get their key people moved out to the Los Angeles area…many of which are defecting or taking other roles within the company that wouldn’t require them to move. This may slow down Yahoo’s Hollywood push (including the move to L.A.). Interestingly enough, I notice that “employees in the group have bristled at Mr. Braun’s management style, according to three people familiar with the matter” … sounds awfully familiar to a few people I used to work with, no?
This sounds like issues getting people into the Santa Monica offices. I don’t think there will be a problem getting people to commute from Overture’s (now Yahoo Search Marketing) Pasadena office to the new Burbank digs (yes, I am from Burbank!). From what I understand, their lease expires in Q4 2005 so they should begin moving in coming months.