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Verizon is reportedly considering a sale of its media assets, including AOL and Yahoo

Verizon Communications is looking into selling its media assets, according to a report from the Wall Street Journal. Rafael Henrique/SOPA Images/LightRocket/Getty Images Verizon Communications is considering selling.....»»

Category: topSource: businessinsiderApr 28th, 2021

Exclusive: Verizon sought buyers for Yahoo Finance - sources

Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, three people familiar with the matter told Reuters this week......»»

Category: topSource: reutersJul 11th, 2019

3 Reasons Verizon Communications Inc. Stock Owners Need Not Sweat the T-Mobile/Sprint Deal

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Verizon stock may be down i.....»»

Category: topSource: investorplaceMay 1st, 2018

Paywall for HuffPost? Verizon Hunt for Web Revenue Goes Beyond Ads

Verizon Communications is trying to change course in its Oath media unit that’s home to Yahoo and AOL content, shifting from a digital-ad to a paid-subscription strategy......»»

Category: smallbizSource: wsjDec 3rd, 2018

Verizon takes billions in charges for Oath, voluntary buyouts

Verizon Communications Inc said Tuesday it will take a $4.6 billion charge related to its Oath media assets - Yahoo and AOL - and a severance charge of up to $2.1 billion for voluntary buyouts, in the fourth quarter......»»

Category: topSource: reutersDec 11th, 2018

Verizon admits that high-profile internet bet didn’t pay off

Manhattan-based Verizon Communications is taking a $4.5 billion writedown related to its Oath media business, which it formed from its Yahoo and AOL acquisitions and which is struggling, partly... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 12th, 2018

Verizon admits defeat with $4.6B AOL-Yahoo writedown

Verizon Communications Inc. is conceding defeat on its crusade to turn a patchwork of dot-com-era businesses into a thriving online operation. The wireless carrier slashed the value of its AOL and... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 12th, 2018

Verizon kills Oath brand after it fails to enliven Yahoo and AOL

Verizon Communications Inc. is officially killing the Oath brand, a name that it hoped would give fresh life to a collection of aging dot-com businesses that includes AOL and Yahoo......»»

Category: topSource: moneycentralDec 18th, 2018

Verizon CEO: Yahoo and AOL "need to survive on their merits"

Looks like AOL and Yahoo are on their own. That's according to Hans Vestberg, the CEO of Verizon Communications Inc. In an interview with Axios, the Swedish businessman says the former AOL and Yahoo businesses — now known as Oath — "need to.....»»

Category: topSource: bizjournalsJan 8th, 2019

Verizon to cut 7% of staff in the unit that includes AOL, Yahoo and HuffPost

Verizon Communications Inc. is cutting 7% o.....»»

Category: topSource: latimesJan 23rd, 2019

Verizon lays off 800 employees amid restructuring

Verizon Communications Inc. is cutting 7 percent of its media staff. The news comes just weeks after company CEO Hans Vestberg said AOL and Yahoo, which makes up the company's media division, "need to survive on their merits." About 800 jobs will b.....»»

Category: topSource: bizjournalsJan 24th, 2019

Former Yahoo, Autodesk CEO Carol Bartz Talks Cannabis Space, Caliva Investment: "It Was Just Obvious"

It was all over the media: NFL superstar Joe Montana and Carol Bartz — former CEO of Autodesk, Inc. (NASDAQ: ADSK) and Yahoo, now owned by Verizon Communications Inc. read more.....»»

Category: blogSource: benzingaFeb 12th, 2019

The Funded: Traditional mergers are back in the spotlight with two multibillion-dollar deals

Verizon's sale of its media assets including Yahoo is only one of several traditional M&A deals stealing the limelight at the start of the week......»»

Category: topSource: bizjournalsMay 3rd, 2021

Remember Yahoo and AOL? They’ve been sold, again, for $5 billion

Verizon is seeing Verizon .....»»

Category: topSource: chicagotribuneMay 3rd, 2021

Verizon to sell off media brands Yahoo, AOL for $5 billion

The transaction with private equity firm Apollo Global Management is expected to close in the second half of 2021......»»

Category: topSource: washpostMay 3rd, 2021

Verizon Strikes Deal To Dump Remnants Of AOL & Yahoo To Apollo For $5 Billion

Verizon Strikes Deal To Dump Remnants Of AOL & Yahoo To Apollo For $5 Billion.....»»

Category: personnelSource: nytMay 3rd, 2021

: Verizon confirms $5 billion sale of its media business to Apollo

Verizon Communications Inc. confirmed Monday that it plans to sell its media business to Apollo Funds in a $5 billion deal......»»

Category: topSource: marketwatchMay 3rd, 2021

Verizon sells Yahoo and AOL as part of $5 billion deal

Former tech icons Yahoo and AOL have been sold by Verizon to Apollo Funds as part of a $5 billion deal, the telecommunic.....»»

Category: topSource: usatodayMay 3rd, 2021

Verizon just sold AOL and Yahoo for $5 billion, and the new company will be known as "Yahoo" going forward

Verizon just sold AOL and Yahoo for $5 billion, which officially marks Verizon's exit from the media business. REUTERS/Denis Balibouse Jus.....»»

Category: smallbizSource: nytMay 3rd, 2021

Verizon sells Yahoo, AOL and media assets to Apollo in $5B deal

Verizon is selling media assets to Apollo, creating a new Yahoo......»»

Category: topSource: foxnewsMay 3rd, 2021