Verizon


Telcos target TV

Telecoms operators are increasingly looking to TV to drive new subs, increase customer loyalty and create a new revenue stream. Mark Newman, consultant and former chief research officer at Ovum, looks at which operator is doing what and where… and why. Hong Kong’s PCCW is beginning to feel more like a television company than a […]

Verizon buys Awesomeness stake, preps TVOD net

US telco Verizon has bought a quarter of AwesomenessTV in a deal valuing the multichannel network at US$650 million. The agreement, which is subject to approval, will leave DreamWorks Animation with 51% of the firm, and Verizon and Hearst Corp. both with 24.5%. Further to that, Verizon plans to create a premium, short-form mobile video […]

Verizon, Hearst create mobile video JV

US companies Verizon and Hearst are partnering to create a mobile content-focused joint venture. Verizon Hearst Media Partners will target millennial audiences, initially through two channels that will be distributed across Verizon’s Go90 and AOL platforms, and through third-party networks and licensors. RatedRed.com is billed as a “multiplatform digital video channel for millennials from the […]

Discovery in Verizon OTT deal

Discovery Communications is to begin supplying content to an upcoming mobile TV-focused OTT service from US telco Verizon. The deal is for both long- and short-form programming from Discovery’s bouquet of channels, the firm’s president and CEO, David Zaslav, revealed during an earnings call yesterday. “I’m pleased to announce an agreement with Verizon to bring […]

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 […]

Ex-Intel TV, BBC iPlayer chief joins Vevo

Former Intel TV and BBC digital chief Erik Huggers has joined music video content company Vevo as its president and CEO. Huggers has been out of the job since leaving US telco Verizon last year. Verizon had acquired Intel’s OnCue OTT service after Intel’s new management team decided against the idea. Huggers will now oversee […]

ESPN sues Verizon over cord cutting packaging

ESPN has issued a lawsuit against telco Verizon, alleging it has breached its contract with its pared down packages, which are available with no annual contract and are aimed at cord cutters. Disney-owned sports channel ESPN is objecting to Verizon placing its channesl outside of its core bundle. It has started legal proceedings alleging breach […]

Netflix confirms Time Warner Cable payment

SVOD service Netflix has begun paying another US cable provider fees to guarantee better bandwidth for its subscribers. A terse Netflix statement issued overnight read: “We reached an agreement with Time Warner Cable in June and began the interconnection between our networks this month.” This comes after similar agreements with Comcast Communications, Verizon and AT&T […]

Netflix cuts AT&T deal

Netflix has agreed an interconnection deal with AT&T designed to reduce buffering problems for its US customers watching via AT&T’s broadband services. Streaming player Netflix has been involved in a bitter war of words with Verizon over buffering issues with both parties blaming the other. Netflix has, however, struck a connection deal with Verizon as […]

Netflix cuts AT&T deal

Netflix has agreed an interconnection deal with AT&T designed to reduce buffering problems for its US customers watching via AT&T’s broadband services. Streaming player Netflix has been involved in a bitter war of words with Verizon over buffering issues with both parties blaming the other. Netflix has, however, struck a connection deal with Verizon as […]