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1. www.apollo.com › insights-news › pressreleasesVerizon Media to be Acquired by Apollo Funds

   www.apollo.com › insights-news › pressreleases

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   May 3, 2021 · The transaction includes the assets of Verizon Media, including its brands and businesses. The transaction is subject to satisfaction of certain closing conditions and expected to close in the second half of 2021. Goldman Sachs served as lead financial advisor to Verizon in the transaction.

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3. www.verizon.com › about › newsVerizon Media to be acquired by Apollo Funds

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   May 3, 2021 · NEW YORK May 3, 2021 - Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) entered into an agreement to acquire Verizon Media for $5 billion.

4. techcrunch.com › 2021/09/01 › apollo-completes-its-5Apollo completes its $5B acquisition of Verizon Media, now ...

   techcrunch.com › 2021/09/01 › apollo-completes-its-5

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   Sep 1, 2021 · Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from...

5. www.financierworldwide.com › fw-news › 2021/5/4Verizon Media sold for $5bn - Financier Worldwide

   www.financierworldwide.com › fw-news › 2021/5/4

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   May 4, 2021 · The divested unit, which was previously named Oath and renamed Verizon Media in 2018 when Verizon wrote off around half of the unit’s value, will now be called Yahoo when the deal closes, which is expected to be in the second half of 2021.

   • Author: Richard Summerfield

6. www.adweek.com › programmatic › whats-next-forWhat's Next for Verizon Media After the Sale to Apollo? - Adweek

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   The deal for Yahoo and other Verizon Media properties is expected to close in the second half of 2021. Bloomberg/Getty Images. By Andrew Blustein. Verizon Media faced advertisers at the IAB...

   • Author: Andrew Blustein

7. www.yahooinc.com › press › verizon-media-be-acquiredVerizon Media to be acquired by Apollo Funds - Yahoo Inc.

   www.yahooinc.com › press › verizon-media-be-acquired

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   May 3, 2021 · NEW YORK May 3, 2021 - Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) entered into an agreement to acquire Verizon Media for $5 billion.

8. People also ask

   Who owns Verizon Media?

   • NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Verizon (NYSE: VZ) and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that funds managed by affiliates of Apollo (the “Apollo Funds”) entered into an agreement to acquire Verizon Media for $5 billion.

   Verizon Media to be Acquired by Apollo Funds

   www.apollo.com/insights-news/pressreleases/2021/05/verizon-media-to-be-acquired-by-apollo-funds-130247212

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   What happened to Verizon Media?

   • The news comes during a tumultuous time for online media, amid increasing industry-wide consolidation, many felt within Verizon Media. Verizon acquired AOL in 2015 for $4.4 billion, followed by buying Yahoo for $4.5 billion two years later, combining the two legacy media properties into a combined group named Oath.

   Apollo completes its $5B acquisition of Verizon Media, now known as Y…

   techcrunch.com/2021/09/01/apollo-completes-its-5b-acquisition-of-verizon-media-now-known-as-yahoo/

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   What happened to the media in 2021?

   • In 2021, media outlets that were critical of the government were omitted or given disproportionately small figures from tax rebates. Public TV channels were ordered not to broadcast a video showing the prime minister disregarding lockdown rules. Coverage of the refugee crisis was heavily restricted.

   Internet Censorship 2022: A Global Map of Internet Restrictions

   www.sgtreport.com/2022/03/internet-censorship-2022-a-global-map-of-internet-restrictions/

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   Why was 2021 a transformational year for Verizon?

   • 2021 was a transformational year for Verizon. Our corporate purpose to create the networks that move the world forward served as a catalyst for our V team to come together to execute on our strategic and operational objectives.

   Verizon 2021 ESG Report

   www.verizon.com/about/sites/default/files/Verizon-2021-ESG-Report.pdf

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   How did Verizon Media perform in the past two quarters?

   • Verizon Media reported strong, diversified year-over-year revenue growth the past two quarters, driven by innovative ad offerings, consumer ecommerce, subscriptions, betting and strategic partnerships.

   Verizon Media to be Acquired by Apollo Funds

   www.apollo.com/insights-news/pressreleases/2021/05/verizon-media-to-be-acquired-by-apollo-funds-130247212

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   Does Verizon Media have a growth potential?

   • “Verizon Media has done an incredible job turning the business around over the past two and a half years and the growth potential is enormous,” said Hans Vestberg, CEO, Verizon. “The next iteration requires full investment and the right resources.

   Verizon Media to be Acquired by Apollo Funds

   www.apollo.com/insights-news/pressreleases/2021/05/verizon-media-to-be-acquired-by-apollo-funds-130247212

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9. deadline.com › 2021 › 05Verizon Sells Media Assets Led By Yahoo To Apollo Global ...

   deadline.com › 2021 › 05

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   May 3, 2021 · May 3, 2021 5:30am. Verizon said Monday that it’s clinched a deal to sell its media assets to Apollo Global Management and related entities for $5 billion. Verizon will retain a 10% stake in...