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LOS ANGELES Yahoo! is consolidating its entertainment division, the company said Thursday.
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. Current CEO Jerry Yang is expected to sit down with top execs Friday to discuss a new overall corporate strategy.
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.
“We
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