Verizon said Monday that it’s clinched a deal to sell its media assets to Apollo Global Management and related entities for $5 billion. Verizon will retain a 10% stake in the company, which will be ...

Verizon is throwing in the towel on its content business, announcing plans to offload Verizon Media — which encompasses the AOL and Yahoo brands it acquired several years ago — in a $5 billion deal.

Verizon Media is a global tech & media company. Chief Business Officer Iván Markman discusses their recent revenue growth and future plans. (Photo Illustration by Igor Golovniov/SOPA ...

Verizon Fios will no longer carry FOX channels as of Dec. 15, 2025 due to a contract dispute between Cox Media Group and Verizon, according to the TV Technology website. "Customers in Boston and ...

Verizon will retain a 10 percent stake in the company, which will be called Yahoo. By Alex Weprin Senior Editor Verizon is exiting the media business. The telecom giant is selling Yahoo, AOL and the ...

NEW YORK—Verizon and Apollo Global Management, Inc. announced last week that Apollo Funds has entered into an agreement to acquire Verizon Media for $5 billion. Verizon will retain a 10 percent stake ...

Well, this is awkward. Verizon has agreed a deal to sell its "Verizon Media" unit — including Engadget — to the investment firm Apollo Global Management for $5 billion. Verizon will retain a ...

Verizon VZ has inked an agreement to sell its media business, formerly known as Oath, to private equity firm Apollo Global Management for $4.25 billion in cash, $750 million preferred interest, and a ...

NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed ...

Verizon announced on Monday that it is selling Yahoo and AOL for $5 billion to private-equity firm Apollo Global Management. Verizon made the deal official just a few days after news reports said that ...

Less than a decade after it entered the media business through its acquisitions of AOL and Yahoo, Verizon VZ Communications reportedly may be preparing to exit the sector, when Verizon acquired AOL ...

Verizon is throwing in the towel on its content business, announcing plans to offload Verizon Media — which encompasses the AOL and Yahoo brands it acquired several years ago — in a $5 billion deal.