The Briefing Room
General Category => Economy/Business => Topic started by: ABX on July 03, 2017, 04:31:46 pm
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VZ seems to be positioning itself along the lines that its business model isn't about the subscriptions for their service, but the content that flows over their network. I wonder if we'll see a new model of mobile device service in the next few years that is subsidized off ad revenue.
Verizon Communications Inc. (NYSE: VZ) is considering Walt Disney Co. (NYSE: DIS) as a takeover target, according to The New York Post. The huge telecom company and wireless carrier has already snapped up AOL and Yahoo! as part of a plan to consolidate content assets, particularly those which contain video. The move would also allow Verizon to keep up with AT&T Inc. (NYSE: T), which recently bought Time Warner Inc. (NYSE: TWX)......
http://247wallst.com/media/2017/07/02/verizon-may-target-disney-for-takeover/