Kara Swisher

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Yahoo TV and Omg! Head Moves to Young Hollywood

Young Hollywood, the high-profile next-gen digital media start-up, has hired a top Yahoo content exec, Liz Coughlin.

The Beverly Hills-based Young Hollywood named Coughlin SVP of business operations, overseeing new business initiatives and all digital operations.

At Yahoo for a decade, Coughlin was most recently in charge of omg!, one of the largest celebrity sites on the Internet, as well as Yahoo TV. She also worked on corporate strategy, partnerships and large events for the Silicon Valley Internet giant.

Previous to Yahoo, she worked at the Digitas advertising agency.

“Right now, Young Hollywood is small, but it’s special, and where content production and media business is headed,” said Coughlin in an interview yesterday. “Trying to build new forms of content with the use of new devices and metrics and new forms of programming is an exciting place to be.”

Coughlin officially left Yahoo last week.

Currently, Young Hollywood creates “Entertainment Tonight”-style celebrity and lifestyle programming for other online outlets such as YouTube, Hulu and also Yahoo, as well as working on various marketing initiatives for large brands.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work