Netflix Grabs a Yahoo to Help Run Its Web Video Business

Yep, there are still people left to poach at Yahoo: Michael Spiegelman, who spent most of his 6.5-year tenure in and around the company’s music unit, is heading to Netflix, where he’ll be product lead for its Web streaming business.

Yahoo’s Music Outsourcing Continues: CBS Takes Over Radio Offering

Here’s a Yahoo story I can report with certainty: The company is getting out of the Internet radio business, by handing over its Launchcast streaming music service to CBS. The transition will kick in during the first few months of 2009, says Michael Spiegelman, who heads up Yahoo’s music unit. It’s one of a series of moves the company is making to essentially outsource its music offerings to third parties.