Launch Media pinkslips 50

Cyberbiz Brief

Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs will be eliminated by year’s end. Launch Media previously employed 175.

More Digital

  • AUGGIE (Jacob Tremblay) and JACK WILL

    Lionsgate's 'Wonder' Tops DVD, Blu-ray Disc Sales and Rental Charts

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • NRA TV

    Amazon Targeted in Calls to Drop NRA TV App, Which Is Also on Apple TV, Roku

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • Kylie Jenner spinoff

    Kylie Jenner Tweet, CEO Compensation Package News Drag Snap Stock Down 8%

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • arcore

    Google to Make Major Augmented Reality Push at Mobile World Congress (EXCLUSIVE)

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • SOUTH KOREA OUTMandatory Credit: Photo by

    Netflix, Korean Talent Giant to Launch ‘YG Future Strategy Office’

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

  • courtney parker - adaptive studios

    Adaptive Studios Taps Courtney Parker as VP of Alternative Programming

    Internet portal Yahoo! said Tuesday that it is firing 50 staffers from online music service Launch Media, which it acquired last week for $12 million in cash. Yahoo! said it will take a charge against earnings this quarter for severance and other acquisition-related costs. Santa Monica-based Launch cut 14 workers last week. Another 36 jobs […]

More From Our Brands

Access exclusive content