Post Tagged with: "Verizon"

Verizon completes $4.4B acquisition of AOL
/ June 23, 2015 1:58 pm
Verizon completes $4.4B acquisition of AOL

VentureBeat reports "U.S. telecom giant Verizon has announced the completion of its AOL acquisition, as expected, for $50.00 per share. This effectively means that AOL shares are no longer being traded on the New York Stock Exchange, and AOL is officially a Verizon subsidiary.". Read More

Verizon Aims to Rebuild TV for Mobile Age With AOL Purchase
/ May 19, 2015 11:39 am
Verizon Aims to Rebuild TV for Mobile Age With AOL Purchase

Variety reports "Verizon’s $4.4 billion cash deal for AOL left some pundits befuddled: What in heaven’s name was the nation’s No. 1 wireless carrier thinking in buying an aging Internet brand? The answer: The telco is looking to use AOL’s ad technology — and trove of video content — as it invents the next generation of over-the-top video for mobile users.". Read More

Five Things You Probably Didn’t Know Verizon Will Own After the AOL Deal Closes
/ May 18, 2015 11:08 am
Five Things You Probably Didn’t Know Verizon Will Own After the AOL Deal Closes

Multichannel News reports "The pundits may all be touting how Verizon’s deal to purchase AOL Inc. for $4.4 billion will broaden their mobile video horizons and give them access to content and ad technology that could help revolutionize the online video industry, but there are a handful of other ancient technologies (10 years or more old, this is the Internet), products, services and companies that the wireless giant will inherit as part of the deal.". Read More

AOL edit staffers fear the worst after Verizon deal
/ May 15, 2015 10:53 am
AOL edit staffers fear the worst after Verizon deal

Digiday reports "Verizon’s acquisition, driven largely by an interest in AOL’s ad tech and video assets, wasn’t universally positive news for those at The Huffington Post, TechCrunch and Engadget, which still aren’t sure what the AOL move means for their websites and jobs.". Read More

The real threat to pay TV: bad customer experience
/ May 13, 2015 2:22 pm
The real threat to pay TV: bad customer experience

DigiDay reports "Verizon’s recent posturing around the need for smaller, slightly less expensive bundles is a classic case of treating the symptoms not the cause. Because the real threat that Big TV is facing is the disconnect between the monthly cost and the perceived value of the customer experience they’re delivering. Right now, that experience, to put it mildly, stinks." . Read More

Will Huffington Post Spin Off From AOL Rather Than Go Under Verizon? Reportedly valued at $1 billion, news hub could break away
/ May 12, 2015 4:03 pm
Will Huffington Post Spin Off From AOL Rather Than Go Under Verizon? Reportedly valued at $1 billion, news hub could break away

Adweek reports "This morning, Verizon seemed to be on the verge of taking ownership of one of the Internet's flagship news sites, The Huffington Post. But now doubts are swirling around whether the mega-blog will be part of Verizon's $4.4 billion acquisition of AOL.". Read More

Verizon to Buy AOL for $4.4 Billion to Expand Digital Portfolio
/ May 12, 2015 11:57 am
Verizon to Buy AOL for $4.4 Billion to Expand Digital Portfolio

The New York Times reports "Verizon Communications agreed on Tuesday to buy AOL for $4.4 billion in an all-cash deal that will see today’s king of mobile acquire the one-time king of media.". Read More

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