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Verizon Communications

Verizon Loses 80,000 TV Subs in Fourth Quarter, Adds Broadband Users

Verizon lost 80,000 net pay TV subscribers for its Fios consumer video service in the fourth quarter, compared with a loss of 69,000 in the year-ago period, the telecom giant said on Tuesday. It ended 2022 with 3.234 million Fios video subscribers in its consumer division, down from 3.573 million as of the end of […]

Verizon Offering Free Netflix in Bid to Take on Amazon and Roku as Streaming Middleman

The streaming wars have a new battleground: What platform will emerge as the biggest middleman, connecting consumers with their streaming services? Its an area currently dominated by the likes of Roku and Amazon, but the telecom giant Verizon believes that it has a shot at being a contender. On Wednesday, Verizon announced the beta launch […]

Comcast, Verizon, AT&T Settle Piracy Suits

A trio of lawsuits from Voltage Pictures and other copyright owners against internet service providers for refusing to expel customers who repeatedly pirate their movies has settled. Less than a month after suing, the production companies behind Dallas Buyers Club, I Feel Pretty and Colossal moved to dismiss their cases, according to court documents filed […]

Comcast, Verizon, AT&T Sued for Failing to Stop Movie Piracy

The production companies behind Dallas Buyers Club, I Feel Pretty and Colossal are taking internet service providers to court for allegedly facilitating mass piracy of their movies. Verizon Wireless, AT&T and Comcast were hit with copyright lawsuits accusing them of turning a blind eye to customers who illegally distribute and download pirated films. The production […]

Verizon Loses 86,000 Video Subs in Second Quarter, Adds Broadband Users

Verizon lost 86,000 net pay TV subscribers for its Fios consumer video service in the second quarter, compared with a loss of 78,000 in the first quarter and a loss of 62,000 in the year-ago period, the telecom giant said Friday. The company has in the past often cited “the ongoing shift from traditional linear […]

Verizon Loses 78,000 Video Subs in First Quarter, Touts Highest Broadband Additions “in Over a Decade”

Verizon lost 78,000 net pay TV subscribers for its Fios consumer video service in the first quarter, compared with a loss of 69,000 in the fourth quarter and a loss of 82,000 in the year-ago period, the telecom giant said on Friday. The company has in the past often cited “the ongoing shift from traditional […]

Verizon Loses 69,000 Pay TV, Adds 55,000 Broadband Subscribers in Fourth Quarter

Verizon lost 69,000 net pay TV subscribers for its FiOS consumer video service in the fourth quarter, compared with a loss of 68,000 in the third quarter and 72,000 in the year-ago period, the telecom giant said on Tuesday. The company has in the past often cited “the ongoing shift from traditional linear video to […]

Verizon CEO Touts “Stickiness” of Streaming Content Partnerships

Telecom giant Verizon is happy with the customer response to content partnerships with the likes of Disney+, Discovery+ and Apple Music that it has offered certain subscribers for free for certain periods of time, its CEO said on Monday. “We are positively surprised about the stickiness and how customers have stayed with the services and […]

Verizon Loses 68,000 Pay TV, Adds 98,000 Broadband Subscribers

Verizon lost 68,000 net pay TV subscribers for its FiOS consumer video service in the third quarter, compared with a loss of 62,000 in the second quarter and 61,000 in the year-ago period, the telecom giant said on Wednesday. The company has in the past often cited “the ongoing shift from traditional linear video to […]

Verizon CEO Touts Disney+, Discovery+ Partnerships, Sees “a Lot of New Things We Can Add”

Telecom giant Verizon sees room to add more content partnerships along the lines of its Disney+ and Discovery+ deals, chairman and CEO Hans Vestberg said on Tuesday. “We see many more direct-to-consumer offerings,” he told the virtual Goldman Sachs Communacopia Conference, pointing to the company’s offerings under deals with the likes of streaming services Disney+ […]

Former CBS Interactive Chief Jim Lanzone Named CEO of Yahoo

Former CBS Interactive CEO Jim Lanzone is returning to the media sector. Lanzone, who has been the CEO of dating app Tinder for the last year, will become CEO of Yahoo, which last week spun out from its former parent company Verizon, and is controlled by the private equity firm Apollo. Lanzone starts at Yahoo […]

Verizon Adds Free AMC+ for Customers With Some Unlimited Plans

Verizon continues to add free access to new streaming services to customers of some of its unlimited plans. On Thursday, the telecom giant said that it would offer up to 12 free months of AMC+ to new Fios subscribers and to customers who buy a smartphone on a new line with select unlimited plans. Existing […]