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Ross Levinsohn

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ENTERTAINMENT
January 15, 2013 | By Joe Flint
Former Yahoo and News Corp. executive Ross Levinsohn has been named chief executive of Guggenheim Digital Media, a unit of private equity firm Guggenheim Partners. In his new role, Levinsohn will oversee Guggenheim's publishing assets, including trade outlets Billboard and the Hollywood Reporter. He will also consult with Guggenheim on its other assets, among them Dick Clark Productions, which it acquired last year. Guggenheim is also the majority owner of the Dodgers. In a statement, Guggenheim Partners President Todd Boehly said the newly created digital media unit would "play an integral role in developing our iconic portfolio of existing media and entertainment assets, as well as identifying new, groundbreaking investments and partnerships in the music, media, technology, and digital entertainment spaces.” That's code for we have a lot of money and we're going to be buying things.
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BUSINESS
January 17, 2014 | By Michael Hiltzik
In a New York Times story about the firing of Yahoo chief operating officer Henrique de Castro, there appears the following passage: "In the end, the whole misadventure might not matter unless [Yahoo CEO Marissa] Mayer is able to redirect the company away from its failing core business of selling display ads . " (Emphasis ours.) Really? Yahoo's "core business" is selling ads? That's like saying Target's core business is running checkout lines. One would have thought that Yahoo's core business is developing and hosting websites and services that (it is hoped)
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BUSINESS
March 5, 2008 | From Times Staff and Wire Reports
Santa Monica-based Generate, a digital entertainment production company headed by former WB TV network executive Jordan Levin, said it had secured $6 million in financing from two investment firms: Chicago-based MK Capital and Velocity Interactive Group, which includes former News Corp. executive Ross Levinsohn and former AOL Chairman Jonathan Miller. As part of the deal, Velocity and MK Capital received equity stakes in Generate.
BUSINESS
March 1, 2013 | By Jessica Guynn
SAN FRANCISCO -- Yahoo has been searching for its identity for so long, it's downright Freudian. It could never decide: Was it a digital media company or a technology company? Chief Executive Marissa Mayer, the former Google executive charged with the herculean task of reviving the struggling Internet pioneer's fortunes, has made it official: Yahoo is now a technology company. QUIZ: How much do you know about Facebook? That's according to the company's annual 10-K report to the U.S. Securities and Exchange Commission.
BUSINESS
July 20, 2012 | By Michelle Maltais
The new highly discussed and highly compensated chief executive of Yahoo, Marissa Mayer, has issued her first missive to her new troops two days after beginning the job. The main message: Don't stop, keep moving. "The company has been through a lot of change in the past few months, leaving many open questions around strategy and how to move forward. I am sensitive to this," she wrote, according to AllThingsD , who got ahold of the memo. Though she said she already has some ideas about how the company should move forward, Mayer said she wants first to develop perspective before developing a strategy, according to the memo.
BUSINESS
March 1, 2013 | By Jessica Guynn
SAN FRANCISCO -- Yahoo has been searching for its identity for so long, it's downright Freudian. It could never decide: Was it a digital media company or a technology company? Chief Executive Marissa Mayer, the former Google executive charged with the herculean task of reviving the struggling Internet pioneer's fortunes, has made it official: Yahoo is now a technology company. QUIZ: How much do you know about Facebook? That's according to the company's annual 10-K report to the U.S. Securities and Exchange Commission.
BUSINESS
July 17, 2012 | By Salvador Rodriguez
On Marissa Mayer's first day as CEO, Yahoo announced its second-quarter earnings, reporting a 4.4% decline in profit compared with the same period last year. The Internet company attributed its poor results to restructuring costs of nearly $130 million, which dragged its profit down to nearly $227 million. Yahoo saw no change in its earnings per share, which remained at 18 cents, nor its revenue excluding fees paid to partners, which remained at $1.08 billion. However, the company did not meet analysts' expectations of $1.1 billion, according to Reuters . Yahoo's display-ad revenue increased 1% while search increased 4%, according to the company . Mayer did not participate in Yahoo's conference call with analysts Tuesday.
BUSINESS
January 17, 2014 | By Michael Hiltzik
In a New York Times story about the firing of Yahoo chief operating officer Henrique de Castro, there appears the following passage: "In the end, the whole misadventure might not matter unless [Yahoo CEO Marissa] Mayer is able to redirect the company away from its failing core business of selling display ads . " (Emphasis ours.) Really? Yahoo's "core business" is selling ads? That's like saying Target's core business is running checkout lines. One would have thought that Yahoo's core business is developing and hosting websites and services that (it is hoped)
ENTERTAINMENT
January 15, 2013 | By Joe Flint
After the coffee. Before getting Oprah Winfrey to take my confessional. The Skinny: I think I'm the only one enjoying this cold weather. It must be the East Coaster in me. Tuesday's headlines include what the Golden Globe results could mean for the Oscars, how China plays movie editor and Rupert Murdoch's thoughts on possibly buying the very media property you are reading right now. Daily Dose: Former Fox and Yahoo executive Ross Levinsohn has landed a new job. Levinsohn, who is also a board member of Los Angeles Times parent Tribune Co. , has been named CEO of Guggenheim Digital Media, a new unit created by Guggenheim Partners.
BUSINESS
December 31, 2012 | By Walter Hamilton and Joe Flint
The new year represents a long-awaited new start for the Tribune Co. The newspaper and television conglomerate emerged from bankruptcy Monday, a financially stronger version of the company that sought court protection four years ago but one that still must grapple with the challenges bedeviling traditional media in the digital age. The exit from bankruptcy is a milestone for the parent of the Los Angeles Times. The company sought Bankruptcy Court protection in December 2008 after an $8.2 billion leveraged buyout by real estate magnate Sam Zell saddled the company with $12.9 billion in total debt just as advertising revenue was collapsing.
ENTERTAINMENT
January 15, 2013 | By Joe Flint
After the coffee. Before getting Oprah Winfrey to take my confessional. The Skinny: I think I'm the only one enjoying this cold weather. It must be the East Coaster in me. Tuesday's headlines include what the Golden Globe results could mean for the Oscars, how China plays movie editor and Rupert Murdoch's thoughts on possibly buying the very media property you are reading right now. Daily Dose: Former Fox and Yahoo executive Ross Levinsohn has landed a new job. Levinsohn, who is also a board member of Los Angeles Times parent Tribune Co. , has been named CEO of Guggenheim Digital Media, a new unit created by Guggenheim Partners.
ENTERTAINMENT
January 15, 2013 | By Joe Flint
Former Yahoo and News Corp. executive Ross Levinsohn has been named chief executive of Guggenheim Digital Media, a unit of private equity firm Guggenheim Partners. In his new role, Levinsohn will oversee Guggenheim's publishing assets, including trade outlets Billboard and the Hollywood Reporter. He will also consult with Guggenheim on its other assets, among them Dick Clark Productions, which it acquired last year. Guggenheim is also the majority owner of the Dodgers. In a statement, Guggenheim Partners President Todd Boehly said the newly created digital media unit would "play an integral role in developing our iconic portfolio of existing media and entertainment assets, as well as identifying new, groundbreaking investments and partnerships in the music, media, technology, and digital entertainment spaces.” That's code for we have a lot of money and we're going to be buying things.
BUSINESS
December 31, 2012 | By Walter Hamilton and Joe Flint
The new year represents a long-awaited new start for the Tribune Co. The newspaper and television conglomerate emerged from bankruptcy Monday, a financially stronger version of the company that sought court protection four years ago but one that still must grapple with the challenges bedeviling traditional media in the digital age. The exit from bankruptcy is a milestone for the parent of the Los Angeles Times. The company sought Bankruptcy Court protection in December 2008 after an $8.2 billion leveraged buyout by real estate magnate Sam Zell saddled the company with $12.9 billion in total debt just as advertising revenue was collapsing.
ENTERTAINMENT
July 30, 2012 | By Dawn C. Chmielewski
Media veteran Ross Levinsohn is leaving Yahoo, two weeks after being passed over for the chief executive's job. The executive, whose experience straddles technology and entertainment, had been most recently serving as the Internet company's interim CEO since the ouster of Scott Thompson in May -- and was considered by many on Wall Street to be the candidate to beat. But he lost out to one of the top executives at Google, Marissa Mayer, whose appointment was considered a coup for Yahoo.
BUSINESS
July 20, 2012 | By Michelle Maltais
The new highly discussed and highly compensated chief executive of Yahoo, Marissa Mayer, has issued her first missive to her new troops two days after beginning the job. The main message: Don't stop, keep moving. "The company has been through a lot of change in the past few months, leaving many open questions around strategy and how to move forward. I am sensitive to this," she wrote, according to AllThingsD , who got ahold of the memo. Though she said she already has some ideas about how the company should move forward, Mayer said she wants first to develop perspective before developing a strategy, according to the memo.
BUSINESS
July 17, 2012 | By Salvador Rodriguez
On Marissa Mayer's first day as CEO, Yahoo announced its second-quarter earnings, reporting a 4.4% decline in profit compared with the same period last year. The Internet company attributed its poor results to restructuring costs of nearly $130 million, which dragged its profit down to nearly $227 million. Yahoo saw no change in its earnings per share, which remained at 18 cents, nor its revenue excluding fees paid to partners, which remained at $1.08 billion. However, the company did not meet analysts' expectations of $1.1 billion, according to Reuters . Yahoo's display-ad revenue increased 1% while search increased 4%, according to the company . Mayer did not participate in Yahoo's conference call with analysts Tuesday.
ENTERTAINMENT
July 5, 2012 | By Dawn C. Chmielewski
Hulu Chief Executive Jason Kilar is on the short list of candidates to take over as head of struggling Internet giant Yahoo. Kilar is among the leading contenders for the chief executive's post, along with Yahoo's interim CEO, Ross Levinsohn, according to a person familiar with the matter who requested anonymity because he is not authorized to speak publicly about the matter. Yahoo's board has yet to be presented with a list of finalists, according to another person close to the situation who asked not to be named because of the confidentiality of the search process.
BUSINESS
July 6, 2012 | By Jessica Guynn
Ross Levinsohn is looking more and more like Yahoo's golden boy. He personally negotiated an end to the patent warfare with Facebook, walking away with no cash but a strategic agreement that could boost Yahoo's flagging fortunes. The deal was officially announced Friday. The peace pact with Facebook signed and sealed, Levinsohn is now the frontrunner for the top job at Yahoo, said a person familiar with the discussions but not authorized to speak about it publicly. Levinsohn ended the hostilities that then-Chief Executive Scott Thompson started in March, alleging that Facebook was infringing on Yahoo patents.
ENTERTAINMENT
July 11, 2012 | By Dawn C. Chmielewski and Jessica Guynn
This post has been updated Media veteran Ross Levinsohn is expected to be named the permanent chief executive of Yahoo as early as today, signaling a new chapter for the struggling Internet company, according to one person with knowledge of the situation. Yahoo's board is meeting today, where its members are believed to be weighing the decision. [ Updated at 2:41 p.m.: A spokesman for the board, Charles Sipkins, declined to comment.] Levinsohn has served as Yahoo's interim chief executive since the May resignation of Scott Thompson, amid allegations that Thompson misrepresented his educational credentials.
BUSINESS
July 6, 2012 | By Jessica Guynn
Ross Levinsohn is looking more and more like Yahoo's golden boy. He personally negotiated an end to the patent warfare with Facebook, walking away with no cash but a strategic agreement that could boost Yahoo's flagging fortunes. The deal was officially announced Friday. The peace pact with Facebook signed and sealed, Levinsohn is now the frontrunner for the top job at Yahoo, said a person familiar with the discussions but not authorized to speak about it publicly. Levinsohn ended the hostilities that then-Chief Executive Scott Thompson started in March, alleging that Facebook was infringing on Yahoo patents.
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