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Verizon Communications

After “Fool’s Gold” Rush, Telecom Giants Exiting Hollywood

In untangling itself from its WarnerMedia holdings with a $43 billion deal with Discovery, AT&T is looking to join Verizon in saying goodbye to Hollywood ambitions. Both telecom giants tried to reap…

Verizon Loses 82,000 Pay TV Subs in First Quarter

The telecom giant also posts its latest results for its Verizon Media unit, which includes the likes of Yahoo and AOL.

Verizon CEO’s Pay Rises to $19.1 Million in 2020

Hans Vestberg, who leads the telecom giant, received $18 million in 2019, before last year's coronavirus pandemic fallout.

Tiffany Haddish to Host Verizon’s Post-Super Bowl Concert With Alicia Keys, Brandi Carlile and Jazmine Sullivan

The event will raise funds for small businesses and also feature Brittany Howard, Christina Aguilera, Eric Church, H.E.R., Luke Bryan and Miley Cyrus.

Verizon Loses 72,000 Pay TV Subs, Media Revenue Grows for First Time Since Yahoo Deal

The telecom giant, led by CEO Hans Vestberg, says two thirds of its Disney+ promotional subscribers retained the streaming service after their one-year free trials ended.

Verizon “Leaning Into” Cord-Cutting “Unequivocally,” Exec Says

Verizon has focused on leveraging its wireless and internet user reach in major partnerships with content giants, such as Disney, because of the lack of profit margins of the traditional pay TV…

Verizon CEO Touts Disney Streaming Bundle Offer

Verizon's decision to expand a deal to offer Disney+ free to certain subscribers to cover Disney's bundle of streaming services came due to the strong Disney brand, CEO Hans Vestberg signaled on…

Verizon Expanding Disney+ Giveaway to Include Hulu, ESPN+

Verizon is adding to its deal to offer Disney+ free to its customers. Disney's full streaming bundle — which includes subscriptions to Disney+, Hulu and ESPN+ — will now be given away to Verizon…

ViacomCBS “Committed to Theatrical,” But Windows “Will Probably Shorten”

ViacomCBS CEO Bob Bakish said the company remains "committed" to the theatrical window, but also said windows "will probably shorten," with new business models becoming more common.

Verizon Loses 81,000 Pay TV Subscribers, Media Unit Revenue Hit by Pandemic

Verizon reported that it lost 81,000 net pay TV subscribers for its FiOS consumer video service in the second quarter, compared with a loss of 52,000 in the year-ago period. Its Verizon Media unit…

Verizon Joins Facebook, Instagram Ad Boycott

Telecoms giant Verizon became the biggest company yet to announce it will pull its ads from Facebook and Instagram for the month of July as part of the growing #StopHateForProfit social media…

Amazon Giving One Year of Food Network Kitchen for Free to Fire TV, Tablet Users

Amazon on Monday unveiled a deal to give Fire TV and Fire Tablet customers in the U.S. a one-year free subscription to Food Network Kitchen.