Verizon ‘planning its own streaming service’

US telco Verizon is the process of securing rights to launch its own OTT TV streaming service, according to press reports. According to Bloomberg, citing unnamed sources, the US service provider plans to launch a service with live TV channels this summer that will be separate from its existing Go90 on-demand service and its FiOS […]

SES and Verizon partner for UHD trials

Satellite operator SES has partnered with Verizon in the US to drive the development of Ultra HD delivery solutions for Verizon Fios subscribers. Announcing the collaboration, SES said that Verizon is among a recent wave of multichannel video programming distributors that are evaluating the SES satellite-based Ultra HD solution. Verizon will receive and test content […]

Vice targets Asia with major mobile expansion

Vice Media is making a major mobile push, expanding its offerings in a bid to reach “hundreds of millions of new mobile subscribers” around the world. Speaking at Mobile World Congress in Barcelona this morning, Vice founder and CEO, Shane Smith, said the deals include a vast rollout in Asia Pacific in partnership with mobile […]

Verizon, Awesomeness drop premium plans

Verizon and AwesomenessTV have shelved plans to develop a premium content service. The pair were working up a mobile on-demand service after telco Verizon bought a minority stake in streaming service Awesomeness for US$650 million (€612 million). These plans have,however, now been ditched, and the exec charged with overseeing the launch, Samie Kim Falvey, has […]

Report: Verizon cuts staff at Go90

US mobile operator Verizon has reportedly cut 155 employees at its streaming service Go90. According to Variety, which broke the news, the team behind Vessel will rebuild Go90, following Verizon’s acquisition of Vessel in October. “Our focus with Go90 and our Verizon digital media efforts are to fulfill our strategy of leveraging Verizon content investments, enhancing user experience […]

Vessel voyage to end after Verizon acquisition

Jason Kilar’s online video service Vessel will close on October 31 after US telecoms giant Verizon swooped to buy the technology and software that underpins it. Verizon will hire “most” of Vessel’s staff, including “some of the original founding team at Hulu” after buying the business for an undisclosed amount. Kilar co-founded Vessel and broadcaster-backed […]

Verizon reportedly set to buy Vessel

US telco Verizon is in position to acquire mobile video platform Vessel, according to a report. Ex-Hulu CEO Jason Kilar and CTO Richard Tom launched Vessel in March 2015 as a start-up after raising millions of dollars in investment. The plan was to offer YouTube stars an alternative to the Google-owned platform, but failed to […]

ABC comedy boss to lead Awesomeness mobile VOD service

Youth-focused content firm AwesomenessTV has poached the head of comedy at US broadcaster ABC to lead a new mobile video service being launched with telco Verizon. Samie Falvey will oversee programming, development and production at the currently unnamed streaming service, which was first revealed with Verizon bought a 24.5% stake in DreamWorks Animation-owned AwesomenessTV in […]

Verizon to buy Yahoo assets for US$4.8bn

Verizon has agreed to buy Yahoo’s core internet operations for US$4.83 billion (€4.4 billion). Yahoo will be integrated with AOL under Marni Walden, EVP and President of the Product Innovation and New Businesses organisation at Verizon. The sale does not include Yahoo’s cash, its shares in Alibaba Group Holdings, its shares in Yahoo Japan, Yahoo’s […]

Verizon renews patent licence deal with Rovi

Verizon Communications has signed a multi-year patent licence renewal with Rovi that is due to run “into the next decade”. Announcing the deal, Rovi said that it now has eight of the top 10 US pay TV providers under license, with six of those having entered into new or renewal agreements in the last year […]