26 Comments

Summary:

Satish Menon, VP of the Consumer Platforms Group at Yahoo (aka the video platform division, with responsibility for video infrastructure, software and advertising), will soon leave the company, he told us over the weekend. Menon’s departure comes on the heels of major layoffs — 20 to […]

satishmenonSatish Menon, VP of the Consumer Platforms Group at Yahoo (aka the video platform division, with responsibility for video infrastructure, software and advertising), will soon leave the company, he told us over the weekend.

Menon’s departure comes on the heels of major layoffs — 20 to 25 employees, we’re told — on the Yahoo Video team earlier this month, as well as attrition across that team as video has been de-emphasized. We’ve contacted Yahoo for official comment but have not heard back. Yahoo also would not confirm the number laid off.

Menon, who prior to Yahoo co-founded Kasenna, told us via email that his post-Yahoo plans are to introduce community into online education using online social tools. He did not say if he was joining or starting a specific company, but said he would leave Yahoo “soon.”

“I have been dabbling in video (IPTV, Cable VOD, Enterprise Video, Online Video), since 1994. Time for a change. I am going to apply everything I have learned last 25 years or so to see if we can reinvent education…especially online education.”

It’s unclear why Yahoo has failed at online video, given its tremendous assets. It’s also bizarre timing. With web sites everywhere adding video, why is the world’s top portal seemingly phasing out video development?

Yahoo’s corporate disorganization is storied, but employees associated with the video team keep mentioning an internal hangup about how Yahoo has failed to compete with Hulu. They also say there was a two-year effort to get Yahoo onto a single video player and platform that never got its act together, in part due to changing requirements and demands.

And we hear that Yahoo will be phasing out its $160 million Maven Networks acquisition from last year, which still powers video for sites such as Fox News.

  1. First they got rid of Podcasting and now Video?

    I don’t think they will dump video. I think they will take what works for them in text advertising and figure out a way to do a do it yourself video advertising portal. Something like Ad Grinder. http://www.adgrinder.com/

    Share
  2. I wish they had partner rev-sharing on Yahoo like YouTube. Some of my videos do better over there! >:O — I think they’ll keep video going, just a re-brand, re-structure. Shake it up y’all!

    Share
  3. I think it comes down to a business principle — is video making Yahoo! money? If the answer to that question is ‘no,’ then it doesn’t matter.

    At the end of the day, Yahoo! is a popular portal, but it is also a company. If the company doesn’t make money, products have to go.

    Share
    1. I don’t think Yahoo can or wants to dump video entirely, and maybe it’s time for some fresh thinking (or at least some fresh bodies).

      Share
  4. [...] everyone else continues to prosper, Yahoo continues losing its key execs. Today it waved goodbye to its VP of consumer Platforms Group, Satish Menon. Satish plans to use his years of experience [...]

    Share
  5. [...] Yahoo’s head of video quits [NewTeeVee] [...]

    Share
  6. [...] Satish Menon, the Yahoo VP in charge of video infrastructure, software and advertising, will quit the company, NewTeeVee reports. [...]

    Share
  7. [...] Stephen Pate, NJN Network, Charlottetown, Prince Edward Island, Canada, May 26 2009 with story from NewTeeVee.com [...]

    Share
  8. [...] execs from all aspects of online video at the company have seen or showed themselves the door. We reported yesterday that Satish Menon, VP of the Consumer Platforms Group, intends to depart Yahoo shortly. Earlier [...]

    Share
  9. OHH I am amazed with it. It is a good thing for my me. Thanks. ^_^

    Share
  10. OHH Great post! I’m loving your website;

    Share

Comments have been disabled for this post