Yahoo’s Semel Doesn’t See Consolidation

That’s Terry Semel, CEO, speaking at Goldman Sachs Communacopia XIII Conference, being held today and tomorrow in NYC…he doesn’t expect his firm to buy a rival or be bought out by one, but he does envision another alternative. “Right now, when I focus, I see Yahoo as the perfect partner who could help traditional media,” Semel said.

Reuters: “We don’t want to look like television. They (audiences) don’t want us to be the programer,” said Semel, who noted that people want to choose what content they consume and when.

You can listen to the archives of the presentations here

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