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词条 Verizon Media
释义

  1. Operations

  2. History

  3. Brands

     Divested  Discontinued 

  4. References

  5. External links

{{short description|Internet content subsidiary of Verizon Communications}}{{pp-move|small=yes}}{{Infobox company
| name = Verizon Media
| former_name = Oath Inc. (2017–2019)
| logo = Verizon_2015_logo_-vector.svg
| type = Subsidiary
| industry = {{Unbulleted list|Internet|Media|Technology}}
| predecessor = {{Unbulleted list|AOL Inc.|Yahoo Inc.}}
| founded = {{start date and age|2017|06|13}}
| hq_location_city = New York City, New York and Sunnyvale, California
| hq_location_country = U.S
| area_served = Worldwide
| key_people = K. Guru Gowrappan (CEO)
| services = {{Unbulleted list|Digital media|Software|Online advertising|Online services}}
| num_employees = 14,000 (2017)[1][2]
| parent = Verizon Communications
| brands = {{Plainlist|
  • AOL
  • Yahoo![3]

}}
| website = {{URL|verizonmedia.com}}
}}Verizon Media (previously named Oath Inc.) is a subsidiary of Verizon Communications that serves as the umbrella company of its digital platforms. The name "Oath" was chosen to convey its commitment to the digital media business upon its founding in June 2017,[1] although it was ultimately rebranded as Verizon Media in January 2019.[4]

The company was originally created after Verizon, which had acquired AOL on June 23, 2015,[5][6] purchased Yahoo!'s operating business on June 13, 2017 and merged the two businesses together.[7] Within Verizon Media, AOL and Yahoo! maintain their respective brands.[8] In December 2018, Verizon announced it would write down $4.6 billion (about half) of the value of the combined AOL/Yahoo purchases.[10]

Operations

Verizon Media is a subsidiary of Verizon Communications. The company maintains dual headquarters at the former AOL and Yahoo! headquarters buildings in Manhattan, New York, and Sunnyvale, California.[9] {{As of|2018|December}}, the company employed about fourteen thousand people.[10]

History

Verizon announced a $4.4 billion deal to acquire AOL in May 2015.[11] The deal was an effort by Verizon to expand its technology and media offerings.[11] The deal officially closed a month later.[6][11]

A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core internet business, looking to invest in the internet company's search, news, finance, sports, video, email and Tumblr products.[12] Yahoo! announced in September and December 2016 two major Internet security breaches affecting more than a billion customers.[13] As a result, Verizon lowered its offer for Yahoo! by $350 million to $4.48 billion.[14]

The AOL deal and subsequent Yahoo purchase were led by Verizon's management team, including Lowell McAdam (CEO), Marni Walden (EVP Product) and Tim Armstrong.[10] Walden had been tasked with merging the two entities and delivering on the promise of moving Verizon from an analog to digital platforms business.[15] Walden exited Verizon in 2017 and as later events revealed, the integration did not deliver the expected value.

Two months before closing the deal for Yahoo!, Verizon announced it would place Yahoo! and AOL under the Oath umbrella.[16] The deal closed on June 13, 2017, and Oath was launched.[17] Upon completion of the deal, Yahoo! CEO Marissa Mayer resigned.[17] Yahoo! operations not acquired in the deal were renamed Altaba, a holding company whose primary assets are its 15.5 percent stake in Alibaba Group and 35.5 percent stake in Yahoo! Japan.[17] After the merger, Oath cut fifteen percent of the Yahoo-AOL workforce.[1]. In 2018, Altaba sold Yahoo! Japan to SoftBank Group.

In April 2018, Helios and Matheson acquired the movie listings website Moviefone from Oath. As part of the transaction, Verizon took a stake in Helios and Matheson stock.[18][19]

In May 2018, Verizon and Samsung agreed to terms that would preload four Oath apps onto Samsung Galaxy S9 smartphones.[20] The agreement includes Oath’s Newsroom, Yahoo! Sports, Yahoo! Finance, and go90 mobile video apps (closed in July 2018), with integration of native Oath ads into both the Oath apps and Samsung’s own Galaxy and Game Launcher apps.[21][22]

On September 12, 2018, it was announced that K. Guru Gowrappan would succeed Tim Armstrong as CEO, effective October 1.[23]

On December 3, 2018, the company declared a new set of rules for the Tumblr community that will take effect December 17, 2018, banning "adult content". This move has raised objections that it harms their LGBTQ community, sexual abuse survivors, sex workers, adult content blogs, and other bloggers.[24][25] The move came after the Tumblr app was removed from the Apple App Store due to issues with child pornography,[26] leading some to speculate that the ban may have been made to regain access to the App Store.[27]

In December 2018 Verizon announced that it was cutting 10% of Oath's workforce[28] and would write down the value of the business by $4.6B. Verizon management blamed competitive pressures and that the business never achieved the anticipated benefits.[29] The move wiped out all of the goodwill on the balance sheets that accompanied the acquisitions.[30]

Oath was renamed Verizon Media on January 8, 2019.[31]

Brands

Some of the digital brands under Verizon Media include:[32]

{{div col|colwidth=30em}}
  • AOL
  • Autoblog
  • Engadget
  • Flurry
  • HuffPost
  • Kanvas
  • MAKERS Women
  • MapQuest
  • Rivals.com
  • RYOT
  • TechCrunch
  • Tumblr
  • Verizon Digital Media Services
  • Yahoo!
{{div col end}}

Divested

  • Flickr (sold to SmugMug in 2018)
  • Moviefone (sold to Helios and Matheson in 2018)
  • Polyvore (sold and merged into SSENSE in 2018)

Verizon has partial ownership of Moviefone's parent company, Helios and Matheson Analytics Inc.

Discontinued

  • AIM (discontinued on December 15, 2017)
  • Alto Mail (webmail)
  • Cambio.com
  • go90 (closed in July 2018)[33]

AIM and Yahoo! Messenger were superseded by Yahoo Together, which in turn will be shut down April 2019.

References

1. ^{{cite web |url=https://variety.com/2017/digital/news/Brent-Corley-aol-yahoo-oath-netflix-1202470016/ |title=Brent Corley Unveils Oath: AOL-Yahoo Combo Is as Big as Netflix and Looking to Expand |author=Todd Spangler |date=June 19, 2017 |work=Variety|access-date=June 19, 2017}}
2. ^{{Cite news|url=https://techcrunch.com/2017/11/16/latest-round-of-verizon-layoffs-at-oath-affects-4-of-staff-globally/|title=Latest round of Verizon layoffs at Oath affects <4% of staff globally|last=Lomas|first=Natasha|work=TechCrunch|access-date=2018-02-19|language=en}}
3. ^{{cite web |url=http://fortune.com/2016/08/02/yahoo-verizon-internal-faq/ |title=Read What Yahoo Is Telling Employees About the Verizon Deal |last=Hackett |first=Robert |date=3 August 2016 |website=Fortune.com |access-date=9 July 2017}}
4. ^{{cite web |title=Oath is now Verizon Media |url=https://www.oath.com/2019/01/07/oath-is-now-verizon-media/ |accessdate=9 January 2019}}
5. ^{{cite news |title=Verizon completes its acquisition of AOL for $4.4B |last1=Lunden |first1=Ingrid |url=https://techcrunch.com/2015/06/23/verizon-completes-its-acquisition-of-aol-for-4-4b/ |newspaper=Tech Crunch |date=23 June 2015 |accessdate=7 September 2017}}
6. ^{{cite news |title=Verizon completes AOL acquisition, readies mobile video service |last1=Snider |first1=Mike |url=https://www.usatoday.com/story/tech/2015/06/23/verizon-completes-aol-acquisition/29151975/ |newspaper=USA Today |date=23 June 2015 |accessdate=7 September 2017}}
7. ^{{cite news |title=Verizon completes $4.48 billion purchase of Yahoo, ending an era |last1=Goel |first1=Vindu |url=https://www.nytimes.com/2017/06/13/technology/yahoo-verizon-marissa-mayer.html |newspaper=The New York Times |date=13 June 2017 |accessdate=7 September 2017}}
8. ^{{cite news |title=Verizon Announces New Name Brand for AOL and Yahoo: Oath |url=https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |newspaper=The New York Times |access-date=4 April 2017|date=2017-04-03 |last1=Chokshi |first1=Niraj |last2=Goel |first2=Vindu }}
9. ^{{cite news |title=Confirmed: Combined Yahoo, AOL cutting 2,100 jobs |last1=Schubarth |first1=Cromwell |url=https://www.bizjournals.com/bizwomen/news/latest-news/2017/06/confirmed-combined-yahoo-aol-cutting-2-100-jobs.html?page=all |newspaper=Silicon Valley Business Journal |date=14 June 2017 |accessdate=7 September 2017}}
10. ^{{cite news |title=Tim Armstrong unveils Oath: AOL-Yahoo combo is as big as Netflix and looking to expand |last1=Spangler |first1=Todd |url=https://variety.com/2017/digital/news/tim-armstrong-aol-yahoo-oath-netflix-1202470016/ |newspaper=Variety |date=19 June 2017 |accessdate=7 September 2017}}
11. ^{{cite news |title=Verizon closes AOL acquisition |last1=DiChristopher |first1=Tom |url=https://www.cnbc.com/2015/06/23/verizon-closes-aol-acquisition.html |newspaper=CNBC |date=23 June 2015 |accessdate=7 September 2017}}
12. ^{{cite news |title=Verizon announces $4.8 billion deal for Yahoo's internet business |last1=Goel |first1=Vindu |url=https://www.nytimes.com/2016/07/26/business/verizon-yahoo-sale.html |newspaper=The New York Times |date=25 July 2016 |accessdate=7 September 2017}}
13. ^{{cite news |title=Yahoo says 1 billion user accounts were hacked |last1=Goel |first1=Vindu |last2=Perlroth |first2=Nicole |url=https://www.nytimes.com/2016/12/14/technology/yahoo-hack.html?_r=0 |newspaper=The New York Times |date=14 December 2016 |accessdate=7 September 2017}}
14. ^{{cite news |title=Verizon cuts Yahoo deal price by $350 million |last1=Fiegerman |first1=Seth |url=http://money.cnn.com/2017/02/21/technology/yahoo-verizon-deal/index.html |newspaper=CNN |date=21 February 2017 |accessdate=7 September 2017}}
15. ^{{cite news |last1=O'Reilly |first1=Lara |title=This woman has been given the job of merging Yahoo with AOL |accessdate=17 December 2018 |publisher=Business Insider |date=25 July 2016}}
16. ^{{cite news |title=Verizon announces new name brand for AOL and Yahoo: Oath |last1=Chokshi |first1=Niraj |last2=Goel |first2=Vindu |url=https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html?_r=0 |newspaper=The New York Times |date=3 April 2017 |accessdate=8 September 2017}}
17. ^{{cite news |title=Verizon closes Yahoo deal, Mayer steps down |url=https://www.reuters.com/article/us-yahoo-m-a-verizon/verizon-closes-yahoo-deal-mayer-steps-down-idUSKBN194220 |newspaper=Reuters |date=13 June 2017 |accessdate=8 September 2017}}
18. ^{{Cite news|url=https://www.bloomberg.com/news/articles/2018-04-05/moviepass-teams-with-moviefone-to-shake-up-theater-business|title=MoviePass Acquires Moviefone to Bolster Film-a-Day Service|last=Smith|first=Gerry|date=April 5, 2018|work=Bloomberg|access-date=April 5, 2018}}
19. ^{{Cite news|url=http://fortune.com/2018/04/05/moviepass-buys-moviefone/|title=MoviePass Just Bought Moviefone. Here's What It Means for Moviegoers|work=Fortune|access-date=April 6, 2018|language=en}}
20. ^{{cite web | url = http://www.dslreports.com/shownews/Verizon-Brings-Its-Oath-Yahoo-Bloatware-to-Samsung-Phones-141754 | title = Verizon Brings Its Oath, Yahoo Bloatware to Samsung Phones | date = 4 May 2018 | accessdate = 6 May 2018 | publisher = DSLReports.com | author = Karl Bode }}
21. ^{{cite web | url = https://www.theverge.com/2018/5/2/17310950/verizon-galaxy-s9-oath-bloatware-phones | title = Verizon is putting Oath bloatware like Go90 on its Galaxy S9 phones | date = 2 May 2018 | accessdate = 6 May 2018 | publisher = The Verge | author = Chaim Gartenberg }}
22. ^{{cite web | url = http://adage.com/article/special-report-newfronts/verizon-mobile-oath-apps-samsung-phones/313354/ | title = Verizon Uses Mobile Might to Get Oath Apps Onto Samsung Phones | date = 2 May 2018 | accessdate = 4 May 2018 | publisher = AdAge | author = Garett Sloane }}
23. ^{{cite web | url = https://www.washingtonpost.com/technology/2018/09/12/verizon-says-oath-ceo-tim-armstrong-is-stepping-down/?noredirect=on | title = Verizon says Oath CEO Tim Armstrong is stepping down | date = 12 September 2018 | publisher = The Washington Post | author = Brian Fung }}
24. ^{{cite news |last1=Ho |first1=Vivian |title=Tumblr's adult content ban dismays some users: 'It was a safe space' |url=https://www.theguardian.com/technology/2018/dec/03/tumblr-adult-content-ban-lgbt-community-gender |accessdate=4 December 2018 |agency=The Guardian}}
25. ^{{cite news |last1=Kelly |first1=Heather |title=How Tumblr's adult content crackdown could alienate users |url=https://www.cnn.com/2018/12/03/tech/tumblr-bans-pornography-adult-content/index.html |accessdate=4 December 2018 |agency=CNN Business}}
26. ^{{cite news |last1=Porter |first1=Jon |title=Tumblr was removed from Apple’s App Store over child pornography issues |url=https://www.theverge.com/2018/11/20/18104366/tumblr-ios-app-child-pornography-removed-from-app-store |accessdate=4 December 2018 |agency=The Verge}}
27. ^{{cite news |last1=Roettgers |first1=Janko |title=Tumblr to Ban All Adult Content |url=https://www.nasdaq.com/article/tumblr-to-ban-all-adult-content-cm1064022 |accessdate=4 December 2018 |agency=Nasdaq}}
28. ^{{cite news |last1=Byers |first1=Dylan |title=Verizon plans to cut 10 percent of Oath staff |url=https://www.nbcnews.com/news/all/verizon-plans-cut-10-percent-oath-staff-n948001 |accessdate=17 December 2018 |publisher=NBC News |date=14 December 2018}}
29. ^{{cite news |title=Verizon will write down $4.6 billion in value of Oath, the unit that combined AOL and Yahoo assets |url=https://www.pulse.ng/bi/tech/tech-verizon-will-write-down-dollar46-billion-in-value-of-oath-the-unit-that-combined/w08wn2e |accessdate=17 December 2018 |publisher=Business Insider |date=11 December 2018}}
30. ^{{cite web |last1=Spangler |first1=Todd |title=Verizon to Take $4.6 Billion Charge for Oath, Wiping Out Nearly All of Yahoo-AOL Unit's Goodwill Value |url=https://variety.com/2018/digital/news/verizon-4-6-billion-oath-impairment-charge-yahoo-aol-unit-1203086587/ |website=Variety.com |accessdate=17 December 2018 |date=11 December 2018}}
31. ^{{cite web |title=Oath is now Verizon Media |url=https://www.oath.com/2019/01/07/oath-is-now-verizon-media/ |accessdate=9 January 2019}}
32. ^{{cite news|url=https://www.oath.com/our-brands/|title= Oath brands|date=June 16, 2017|access-date=June 16, 2017}}
33. ^{{Cite web | url=https://www.theverge.com/2018/6/28/17516266/verizon-shutting-down-go90-original-video-content-app | title=Verizon is shutting down its original video app Go90| date=2018-06-28}}

External links

  • {{Official website}}
{{Verizon Media}}{{Navboxes|list={{Verizon}}{{AOL Inc.}}{{Yahoo! Inc.}}{{Major Internet companies}}
}}

8 : Verizon Media|Verizon Communications|Media companies established in 2017|Media companies of the United States|Internet properties established in 2017|Internet companies of the United States|2017 establishments in New York City|American corporate subsidiaries

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