×
You will be redirected back to your article in seconds

Verizon May Strike Partnerships With Other Carriers to Take Go90 International

Verizon is thinking about striking partnerships with carriers in other markets to take its new mobile video service Go90 beyond the U.S., said AOL CEO Tim Armstrong at Recode’s Code/Mobile conference in Halfmoon Bay, Calif. Wednesday.

“We want to be the largest mobile media technology company,” Armstrong said. This would involve going off the network, and possibly also striking partnerships with carriers in other markets. One option would be to white-label services like Go90 in other countries, he said.

Armstrong is overseeing Go90 and other content businesses at Verizon ever since the telco acquired AOL for $4.4 billion in May. Asked about how the deal came together, Armstrong said that AOL was looking to raise up to $2 billion to acquire additional companies. One option the company considered was spinning off Huffington Post, or finding a significant investor for the website, in order to raise some of the money.

But in the end, Verizon’s offer was hard to refuse — in part because the company brought a lot of technology and infrastructure needed for the delivery of video to the table. “They had assets that fit really well with our assets,” Armstrong said.

So what is Armstrong working on now? “We are really interested in mobile video,” he said, adding that 60 percent of AOL’s traffic already comes from mobile, and that video is playing an ever-growing role. Said Armstrong: “Video is gonna be enormous.”

More Digital

  • Alibaba Buys 8% Stake in Chinese

    Alibaba Buys 8% Stake in Chinese Video Platform Bilibili

    Alibaba has purchased an 8% stake in the Chinese online video platform Bilibili, the official Xinhua news agency reported. Bilibili is one of China’s top video streaming and entertainment platforms, with about 92 million monthly active users and 450 million page-views per day. Founded in 2009, it was listed on the NASDAQ last March. Alibaba’s [...]

  • Clevver-Logo

    Hearst Magazines Buys Clevver's Pop-Culture YouTube Channels After Defy's Demise

    Hearst Magazines has snapped up Clevver, a network of female-skewing lifestyle and pop-culture news YouTube channels that had been owned by now-defunct Defy Media. Clevver was left homeless after Defy’s sudden shutdown in November; its principals said at the time they were looking for a new home. Hearst Magazines sees a digital fit with Clevver’s [...]

  • "Brother" -- Episode 201-- Pictured (l-r):

    CBS Interactive's Marc DeBevoise on Streaming Boom, Content Strategy, and Apple

    Not everyone wants or needs to be Netflix to succeed in the streaming space. And not everyone sees Apple’s enigmatic new service as a threat. Even as rival streaming services offer gobs of content, CBS Interactive’s president and COO Marc DeBevoise sees the company’s targeted original programming strategy continuing to attract viewers to its All [...]

  • Rhett-Link-Good-Mythical-Morning

    Rhett & Link's Mythical Entertainment in Talks to Acquire Smosh (EXCLUSIVE)

    Smosh, the YouTube comedy brand left stranded after parent company Defy Media went belly-up, may be about to get a new business partner. Mythical Entertainment, the entertainment company founded by top YouTube comedy duo Rhett & Link, has been in talks about acquiring the Smosh brand, sources told Variety. Multiple potential buyers came forward to [...]

  • Pokemon Go

    Proposed 'Pokémon Go' Lawsuit Settlement May Remove Poké Stops, Gyms

    A proposed settlement in the class action lawsuit against “Pokémon Go” developer Niantic could remove or change a number of Poké Stops and Gyms in the popular augmented reality game. The proposed settlement was filed in a California court on Thursday and applies to anyone in the U.S. who owns or leases property within 100 meters [...]

  • Skyline of Doha at night with

    Qatar's beIN Rallies Support From U.S. Companies Against Pirate Broadcaster beoutQ

    Qatari powerhouse beIN Media Group has rallied support from American sports and entertainment entities, including Discovery and Fox, behind its request that the U.S. government place Saudi Arabia on its watch list of top intellectual property offenders. The Doha-based broadcaster, a state-owned spinoff of Al Jazeera news network, accuses the Saudi government of harboring pirate broadcaster [...]

More From Our Brands

Access exclusive content