The Dow Jones story: Yahoo CEO:Google/AOL Deal Doesn’t Change Yahoo’s Business, offers comments from Terry Semel about the recent Google/AOL deal.
+ Semel said that the biggest piece of the Google Google/AOL deal, as far as Yahoo (YHOO) was concerned, was that Google extended its search deal with AOL for a longer period of time.
+ “None of that stuff changes the day-to-day business,” Semel said. “From a Yahoo standpoint, it’s really status quo.”
+ “To us the biggest single business is advertising,’ said Semel.
Semel made these comments at the Citigroup Global Entertainment, Media & Telecommunications conference. If you’re interested in viewing his presentation, it’s available here.