Verizon finally abandons its media folly
US operator group Verizon thought it might be an idea to get into the media game by buying two internet dinosaurs.
Telecoms.com
media
Verizon refocuses its consumer business on the Yahoo brand – brilliant
Some bright spark at US telco group Verizon has decided all its media products should be aligned with the iconic Yahoo brand.
Trade press best for creating vendor awareness – report
Tech PR agency CC Group chatted to 100 global telecoms tech buyers to see what gets them to splash the cash and it turns out trade press is right up there.
Offloading HuffPost hits Verizon’s Q4 earnings
Verizon highlighted mobile revenue growth and a good media performance in its Q4 2020 results, but also revealed a sizeable dent in earnings from the sale of HuffPost.
Australia takes on Silicon Valley to redistribute the wealth from news stories
The Australian Government has promised by July a mandatory code to force Silicon Valley to pay Australian media organisations for content used on their platforms.
Verizon unveils mixed bag as media continues downward spiral
Verizon has released its third-quarter financials with the mobile business growing, broadband middling and media dropping.
Verizon thinking of flogging Huffington Post – report
US operator group Verizon is thinking of offloading the crown jewel in its media portfolio according to a report.
Verizon buys into alternative realities
Verizon has announced the acquisition of Jaunt XR, adding augmented and virtual reality smarts to its media division.
Elliot set to challenge AT&T leadership over media strategy – report
The apparent anointing of John Stankey as the next AT&T CEO is reportedly what prompted Elliott to announce its activist intentions.
Verizon correcting the mistakes of yesteryear with Tumblr sale
There are good acquisitions and bad acquisitions, and then there was the prolonged saga with Verizon acquiring Yahoo’s media assets.
Vivendi media mission continues rolling through Europe
Vivendi-subsidiary Canal Plus has announced the €1 billion acquisition of pay-TV operator M7, expanding the business into seven new European markets.
Of the many challenges Facebook faces its intrinsic parasitism is the biggest
Facebook has recently bemoaned the decline in US local news sources, but a major reason for this has been the collapse in media advertising revenues.
British parents are increasingly worried about the Internet – Ofcom
Research into children’s media consumption published by UK telecoms regulator Ofcom revealed that only 54% of parents agreed the benefits of the internet outweighed its risks, the lowest level since 2011.
Verizon cuts 7% of media jobs as calamitous headache continues
To say Verizon’s efforts to capitalise on the digital advertising revenues have been troubled would be an early contender for understatement of the year.
UK news media want tech giants to pay them annual license fees
A UK governmental review into threats to the press, principally from the internet, has led to calls for tech giants to pay for news content that appears on their platforms.
Oath boss reportedly edging towards the exit
Tim Armstrong, the boss of Verizon’s media unit Oath, is reportedly discussing terms to exit the business.
UK media and telco industries demand more red tape for social media content
A coalition of UK media and telco businesses have written a letter demanding the UK government introduce an independent regulatory oversight of the content carried over social networks.
Ericsson Media Solutions gets a rebrand
Ericsson flogged the majority of its media solutions division to private equity at the start of the year and it has just got around to reflecting that in the brand.
Telecoms and media industries driving the highest M&A year ever
M&A deals involving telecoms and media companies in 2018 has registered a historic high of over $300 billion, six times higher than last year.
AT&T reviews Time Warner acquisition and updates Q2 outlook
AT&T execs took the opportunity to provide a general corporate update at the recent Wells Fargo Securities 2018 Telecom 5G Forum.
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