Is There a Myspace Mafia, Too? Because Leaving Seems to Have Paid Off for Many Ex-Execs.

When the selling of Myspace winds down in the next week or so, it’ll probably attract a spate of comments about what a failure the whole social networking enterprise turned out to be. That is, unless you think of the mob of former execs who have worked at the company over time, many of whom have moved on to some more golden opportunities after leaving Myspace.
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Exclusive: Yahoo Courts Former News Corp. Digital Exec Ross Levinsohn as U.S. Head

He’s baaaaaack. Former Fox Interactive Media President Ross Levinsohn, that is, who is the top candidate to replace Hilary Schneider as Yahoo’s U.S. head, according to several sources close to the situation. While the deal is not completely struck, sources said Levinsohn is very close to taking the job as the exec primarily in charge of Yahoo’s powerful media properties and giant advertising business.

Photobucket Layoffs Today: One-Third of Staff Let Go; Other FIM Units Also Impacted

The layoffs at Fox Interactive Media moved on to Photobucket today, as one-third of its staff of about 120 were let go, sources close to the situation said. The photo- and video-hosting service was bought for $250 million in mid-2007 by News Corp. A FIM spokesperson confirmed the layoffs after being contacted by BoomTown, but declined to give specific numbers. But sources told me a total of about 75 people were fired.
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Another Top Exec Gone From FIM, as It Readies a Name and Structure Change

Mike Angus, EVP and General Counsel of Fox Interactive Media, is leaving that job for another in New Corp., as new digital head Jon Miller continues to reshape the division. Last week, BoomTown reported that FIM CFO Ed McKenna was leaving his post and the company, part of many changes taking place related to News Corp.’s digital properties. It’s all part of a major rejiggering of the News Corp. digital unit, which came into being almost four years ago, although not an elimination of the unit, as has been reported. More likely, it will likely include a name change–perhaps to the Digital Media Group–as well as a much streamlined organization that gives more autonomy to FIM’s Web, online advertising and publishing technology units.
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