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Selected items of interest to the media community

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 Verizon Buys AOL

May 12, 2015: 

While a far cry from the $160 billion deal when Time Warner bought AOL, Verizon is paying $4.4 billion.

By buying AOL, Verizon is getting much more than the 1990s dial-up Internet company that first introduced many Americans to the Web.

Today AOL provides online video services, content and ads to 40,000 other publishers. It brings in $600 million in advertising. It has news sites such as The Huffington Post, TechCrunch and Engadget.

Read the CNN story here.

 AOL To Provide More Content

April 30, 2015: 

For those who thought AOL might be shifting away from big content plays and heading into pure ad tech, the media company proved this week it still has plenty in store for digitally savvy audiences.

Announcing a licensing distribution deal with NBCUniversal and a hefty slate of original and co-produced programming, the media company reiterated its commitment to creating original content at its Digital Content NewFronts presentation at New York's 4 World Trade Center Tuesday evening.

Read the AdWeek story here.

 Google Wireless Set To Launch

April 22, 2015: 

Google Inc. is set to unveil its new U.S. wireless service as early as Wednesday, pushing the Internet giant further into telecom and injecting fresh uncertainty into a wireless industry already locked in a price war.

In a key development, the service is expected to allow customers to pay only for the amount of data they actually use each month, people familiar with the matter said—a move that could further push carriers to do away with lucrative “breakage.”

Read the Wall Street Journal report on Yahoo Finance here.

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