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 has released its third-quarter financials with the mobile business growing, broadband middling and media dropping.
US operator group Verizon is thinking of offloading the crown jewel in its media portfolio according to a report.
Verizon has announced the acquisition of Jaunt XR, adding augmented and virtual reality smarts to its media division.
The apparent anointing of John Stankey as the next AT&T CEO is reportedly what prompted Elliott to announce its activist intentions.
There are good acquisitions and bad acquisitions, and then there was the prolonged saga with Verizon acquiring Yahoo’s media assets.
Vivendi-subsidiary Canal Plus has announced the €1 billion acquisition of pay-TV operator M7, expanding the business into seven new European markets.
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.
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.
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.
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.
Tim Armstrong, the boss of Verizon’s media unit Oath, is reportedly discussing terms to exit the business.
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 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.
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 execs took the opportunity to provide a general corporate update at the recent Wells Fargo Securities 2018 Telecom 5G Forum.
A mere two days after a judge rejected the US government’s attempt to block it, AT&T has completed its $85.4 billion acquisition of Time Warner.
A US Judge has ruled that a case brought by the US government to block AT&T’s acquisition is without merit, so the deal can go ahead.
A protracted assessment of Twenty-First Century Fox’s desire to acquire the 60% of Sky it doesn’t already own has concluded something needs to be done about Sky News.
Online media traffic analyst Chartbeat has published new data that claims direct traffic from mobile devices has overtaken Facebook clicks.
The convergence business model is a difficult one to crack, though some might argue Sky has the easier path to connected riches, and it is starting to pick up the pace.
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