- PR Newswire•1 hour agoVerizon invests in content discovery, recommendation and experience with acquisition of Vessel's technology
NEW YORK, Oct. 26, 2016 /PRNewswire/ -- To accelerate OTT video efforts and roll out of enhanced content discovery and innovative features, Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced it has signed an agreement to acquire the technology and software that underlies Vessel's online video subscription service, which provides early access to videos from online video stars, and to hire most of Vessel's employees. Led by an exceptional executive talent pool and technology team, including some of the original founding team at Hulu, Vessel has developed smart video platforms that provide experiences that match today's viewer demand. "When we examined and evaluated all that the Vessel team has executed to date and their technical strengths in areas of content discovery, recommendation, OTT subscription management and user experience management we were able to identify a number of ways this was a smart pairing," said Chip Canter, GM of Verizon Entertainment.
- Investor's Business Daily•2 hours ago
FCC Chairman Tom Wheeler on Thursday likely will push for a consumer data privacy proposal AT&T, Comcast and Google oppose.
- Investor's Business Daily•3 hours ago
Comcast reported Q3 profit and revenue that edged views and added 32,000 video subscribers, vs. a loss of 48,000 users a year earlier.
Verizon Communications Inc. (VZ)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||47.59 x 500|
|Ask||47.69 x 100|
|Day's Range||47.58 - 48.05|
|52wk Range||43.79 - 56.95|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||13.88|
|Avg Vol (3m)||12,793,220|
|Dividend & Yield||2.31 (4.79%)|