Internet portal Yahoo confirmed Wednesday afternoon that it has hired Ross Levinsohn, former head of Fox Interactive Media, and current venture capitalist at Fuse Capital, as its new Executive Vice President of Americas. According to Yahoo, Levinsohn reports directly to Yahoo CEO Carol Bartz, and will manage the company's media group, advertising sales, and partnerships for the Americas region. Levinsohn was most recently co-founder and managing director at Fuse Capital in Los Angeles, and also headed by New Corporations' Fox Interactive Media, where he brokered the firm's acquisition of MySpace. Yahoo and Levinsohn did not say what the hiring means for Fuse Capital; Fuse had just formed a digital media fund with consumer giant Best Buy, and spawned out consumer electronics information and comparison shopping service Tecca. News of the hiring was first reported by AllThingsD.
Top NewsWednesday, October 27, 2010
Yahoo Confirms Ross Levinsohn Hire