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In May 2016, Verizon CEO Lowell McAdam admitted that go90 may have been "a little bit overhyped," backpedaling on previous pronouncements and the implications of major business and media investments. [21] On October 26, 2016, Verizon acquired Vessel, a streaming video startup led by former Hulu executives, Jason Kilar and Richard Tom. [22]
Vessel's team was hired to revamp Verizon's fledgling video streaming service go90 (resulting in 155 members of the service's existing staff being laid off), with Richard Tom retained and appointed as chief technology officer of Verizon Digital Entertainment. Kilar departed after the sale.
Verizon keeps reshuffling its deck of various and sundry streaming bundle deals, aiming for new ways to appeal to bargain hunters — and to cater to particular sign-up goals of its content partners.
Edgecast Networks, Inc. (formerly Verizon Digital Media Services) [2] was a subsidiary of Yahoo! Inc. and provider of content delivery network (CDN) and video streaming services. Founded in 2006, it was notable for being a self-provisioning CDN technology used by the telecommunication and hosting industries. [3] [4] [5]
Verizon, having exited the original content business, is escalating its play as an aggregator of streaming services — including forming a new partnership with Netflix. The telco unveiled plans ...
Verizon "myPlan" subscribers can opt for the ad-supported plans for Netflix and Max for a combined $10 a month starting Thursday. It is the latest bundle Verizon has added to its "myPlan" package ...