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Incoming Yahoo! CEO Terry Semel will receive the option to purchase 10 million shares of stock, or roughly 1.9 percent of the portal, according to Cnet. Semel is former co-CEO at Warner Bros, with limited… Continued

Advanced Marketing Services has made Pages available on newsstands, a bi-monthly magazine for book aficionados featuring interviews with celebrity authors like Tom Brokaw, Anne Rice and Terry McMillan. Previously the magazine was only available at… Continued

The Georgia State trade and tourism account is up for grabs. It’s expected to be handed off to one of four agency finalists this week. But the mega-advertising conglomerates that once dominated the RFP process… Continued

The Food Network’s Web site, FoodTV.com, launches four new content sections this month. “Cooking 101” is a new guide to culinary phrases and tips. “Sports” covers the culinary habits of professional athletes. “Wine and Drinks”… Continued

In its own bow to economically-motivated consolidation, Forbes is combining two of its supplements to create a special technology issue. Forbes ASAP technology supplement and Forbes.com’s Best of the Web supplement will be rolled together… Continued

CNN’s political talk show, the “Spin Room,” has been canceled. Replacing it is the new “Greenfield at Large,” hosted by Senior Analyst Jeff Greenfield, premiering June 4, 2001 at 10:30pm EDT. (CNN, 404/827-1500)

The Boston Globe is combining its Focus and Books sections due to declining ad revenues. A message published in the May 20 issue stated that there would be some loss of content in both sections.… Continued

Bill Novelli, associate executive director of public affairs, takes the reins at AARP as chief executive and executive director. Novelli replaces Horace Deets who is retiring, but who will remain on as a consultant until… Continued

Ed Weihenmayer has forged all kinds of relationships between corporations and causes, some that have made international news, even history. At Wall Street stalwart Solomon Brothers, he worked with New York City School summer programs… Continued

Eunice Ellis and Shelley Morehead don’t do PR by the book, but the pair have nourished Pizza Hut’s Book It! program well enough for it to become the largest reading incentive program for kids in… Continued