The Future of Print

Possible HotJobs Sale Raises Questions For Yahoo Newspaper Partners

Posted in Doom by futureofprint on April 16, 2009

The news today that Yahoo (NSDQ: YHOO) is reportedly seeking a buyer for HotJobs will certainly once again fuel worry among the nearly 800 Yahoo Newspaper Consortium members about how dedicated new Yahoo CEO Carol Bartz is to the alliance.

Access to HotJobs listings has been—and continues to be—a major reason that newspapers have wanted to join the Yahoo consortium. Yahoo HotJobs has launched co-branded career sites with the majority of the member papers. A Yahoo spokeswoman declined to comment, stating that the company does not comment on rumors or speculation.

But at the Newspaper Consortium CEO Summit in Las Vegas earlier this month, members said they were already somewhat concerned about the impact that the departure of Yahoo President Sue Decker, a driving force behind the consortium, would have. Those worries were somewhat offset by the hope that Bartz’s hiring would mean that Yahoo would once again be able to—in the words of one attendee—get “back to (the) more mundane business of driving ad revenue.”

via Possible HotJobs Sale Raises Questions For Yahoo Newspaper Partners | paidContent.org.

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