Tim Armstrong

Verizon folds Go90 into Oath, widens its content distribution

Verizon has folded its US video streaming service, Go90, into its Oath division, in a move that sees Go90 content distributed through its other digital channels. Speaking at the Code Media conference in California, Oath CEO Tim Armstrong said that “Go90 will be redistributed inside of the super-large distribution that we have overall”. Oath encompasses […]

Verizon makes Oath after completing Yahoo deal

Verizon has competed its US$4.5 billion acquisition of Yahoo’s core business and has combined it with AOL to create a new subsidiary called Oath, with Marissa Mayer exiting as a result. As a home to more than 50 media and technology brands, Oath’s portfolio includes HuffPost, Yahoo Sports, AOL.com, Makers, Tumblr, Build Studios and Yahoo […]

Verizon pays $4.4bn for AOL

US-based telco Verizon will pay US$4.4 billion to acquire digital content and distribution group AOL. The deal represents a purchase price of US$50 a share, and comes as Verizon implements a strategy that includes targeting growth in OTT markets. The companies will be keen to ensure their merged group will fare better than AOL’s last major […]

AOL orders Jared Leto series, plots content switch

Online content firm AOL has ordered an original show from actor Jared Leto as it switches to a year-round commission strategy and scores a key deal with NBCUniversal. AOL’s latest slate includes Beyond the Horizon with Jared Leto, in which the Hollywood actors, a tech investor, looks into trends of the future; while The Crunch […]

Viacom exec replaces Harnevo at AOL Studios

Media company has replaced AOL Studios president Ran Harnevo with a veteran Viacom executive. Dermot McCormack (pictured) will lead online video channels platform AOL On, branded content wing BE On and AOL’s original production and distribution division, AOL Studios, reporting into AOL chairman and CEO Tim Armstrong and AOL Platforms CEO Bob Lord. He joins […]