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      • Verizon selling off its digital media business follows years of struggles to prop up a meaningful competitor to Facebook and Google. The telecom giant saw an opportunity to put a dent in digital advertising's duopoly by combining its muscle in the mobile space with the reach and name recognition of publishers like AOL and Yahoo.
      www.marketingdive.com/news/verizon-sells-media-business-after-struggle-to-dent-digital-advertising-duo/599445/

      Verizon sells media business after struggle to dent digital ...

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

    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...

    • Ingrid Lunden

      Ingrid is a writer and editor for TechCrunch, joining...

    • Memo

      But don’t cry for Verizon just yet: the company employs...

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

    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.

  5. www.cnn.com › 2021/05/03 › mediaVerizon offloads Yahoo and AOL in $5 billion deal - CNN

    May 3, 2021 · Verizon is exiting the media business, announcing Monday that it’s selling the unit for $5 billion to private equity firm Apollo Global Management.

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  7. www.theverge.com › 2021/9/2 › 22653652Yahoo is Yahoo once more after new owners complete ...

    Sep 2, 2021 · Yahoo and AOL, formerly known as Verizon Media Group, have officially been acquired by their new owners and renamed as simply “Yahoo.” Verizon announced it was selling the properties to...

    • Jon Porter

  8. www.cnbc.com › 2021/05/03 › verizon-sells-yahoo-andVerizon sells media businesses including Yahoo and AOL to ...

    May 3, 2021 · Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the companies announced Monday. The sale allows Verizon to offload properties from the...

  9. www.engadget.com › verizon-media-sale-yahoo-apolloVerizon is selling its media business for $5 billion - Engadget

    May 3, 2021 · Verizon has agreed a deal to sell its "Verizon Media" unit — including Engadget — to the investment firm Apollo Global Management for $5 billion. Verizon will retain a 10-percent stake in the...

  10. www.bbc.com › news › business-56972205Yahoo sold again in new bid to revive its fortunes - BBC

    May 3, 2021 · Verizon bought Yahoo to combine its search, email and messenger assets, as well as its advertising technology tools, with the AOL platform.

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