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

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   May 3, 2021 · Verizon Media, the parent company of Yahoo and AOL, will be acquired by Apollo Funds in the second half of 2021. Verizon will retain a 10% stake in the new company, which will continue to be led by CEO Guru Gowrappan.

2. www.verizon.com › introducing-verizon-media-groupIntroducing Verizon Media | Featured News Story | Verizon

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   Dec 18, 2018 · Verizon Media is the new brand of Oath, a division of Verizon that reaches nearly a billion people with diverse and quality consumer products. Learn about the latest enhancements, innovations and partnerships in advertising, publishing, sports, finance, news and more.

3. www.verizon.com › news-about-verizon-media-groupNews about Verizon Media Group | Featured News Story | Verizon

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   May 3, 2021 · Verizon announces an agreement with Apollo to sell its media business, which will operate as Yahoo after the deal closes. Verizon CEO Hans Vestberg praises the media team's turnaround and growth potential in a letter to the employees.

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 · Verizon sells its media assets, including Yahoo, AOL, Engadget and TechCrunch, to private equity firm Apollo. The deal marks the end of Verizon's online media ambitions and the start of a new era for Yahoo as a standalone entity.

5. www.forbes.com › sites › bradadgateHow Verizon Media Became A Growth Company - Forbes

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   Mar 11, 2021 · In fourth quarter 2020, Verizon Media had its best quarter since 2017, with revenues of $2.3 billion, up 11.4% year-over-year, what were the reasons for the strong revenue growth?

   • Author: Brad Adgate

6. People also ask

   What is Verizon Media?

   • At Verizon Media, we’ve created a unique and fully connected ecosystem that pairs consumers with their passions, while driving revenue and engagement for our partners. Verizon Media is a tech and media company with global assets for advertisers, consumers and media companies.

   How Verizon Media Became A Growth Company - Forbes

   www.forbes.com/sites/bradadgate/2021/03/11/how-verizon-media-became-a-growth-company/

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   Who owns Verizon Media?

   • 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.

   Verizon Media to be acquired by Apollo Funds

   www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds

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   What is Verizon Media's corporate carveout?

   • The corporate carveout will allow Verizon Media to aggressively pursue growth areas and stands to benefit its employees, advertisers, publishing partners and nearly 900 million monthly active users worldwide. “We are excited to be joining forces with Apollo,” said Guru Gowrappan, CEO, Verizon Media.

   Verizon Media to be acquired by Apollo Funds

   www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds

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   Why did Verizon sell its Media Group?

   • The sale signals that Verizon will focus on its internet-provider businesses as rivals continue to explore media. 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 former internet empires of AOL and Yahoo.

   Verizon sells media businesses including Yahoo and AOL to Apollo for …

   www.cnbc.com/2021/05/03/verizon-sells-yahoo-and-aol-businesses-to-apollo-for-5-billion.html

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

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   May 3, 2021 · US telecoms giant Verizon is selling its media assets, which include the two companies, to a US private equity firm in a deal worth $5bn (£3.6bn). Verizon bought Yahoo in 2017 and AOL in 2015 for ...

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

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   May 3, 2021 · Verizon offloads its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management in 2021. The sale marks the end of Verizon's online media ambitions and the latest turn in the roller coaster ride of AOL and Yahoo.