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

   www.verizon.com › news-about-verizon-media-group

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   May 3, 2021 · Moments ago we made an important announcement. We’ve entered into an agreement with a leading global investment manager, Apollo, to acquire Verizon Media. While this is a bittersweet moment, Verizon will maintain a minority stake in the new company, which upon deal closing will be called Yahoo. This is a big step forward for our Media team.

2. 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 · 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 ...

3. People also ask

   What happened to Verizon Media?

   • V Team, Moments ago we made an important announcement. We’ve entered into an agreement with a leading global investment manager, Apollo, to acquire Verizon Media. While this is a bittersweet moment, Verizon will maintain a minority stake in the new company, which upon deal closing will be called Yahoo. This is a big step forward for our Media team.

   News about Verizon Media Group | Featured News Story | Verizon

   www.verizon.com/about/news/news-about-verizon-media-group

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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 happened to AOL & 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 , followed by , combining the two legacy media properties into a combined group named Oath. At the end of 2018, Oath wrote down $4.6 billion, following the merger.

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

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

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   Will Verizon sell its media assets to Apollo Global Management?

   • Following several days of and , Verizon that it has entered an agreement to sell its media assets to private equity firm Apollo Global Management for $5 billion. Apollo will be paying Verizon $4.25 billion in cash, along with preferred interests of $750 million, and Verizon will keep 10% of the company.

   Private equity firm Apollo to buy Verizon Media assets for ... - TechCrunch

   techcrunch.com/2021/05/03/private-equity-firm-apollo-agrees-to-buy-verizon-media-assets-for-5-billion/

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4. techcrunch.com › 2021/05/03 › private-equity-firm-apolloPrivate equity firm Apollo to buy Verizon Media ... - TechCrunch

   techcrunch.com › 2021/05/03 › private-equity-firm-apollo

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   May 3, 2021 · And the Oath name was short lived, with Verizon adopting a far more straightforward name, Verizon Media, in January 2019. Further moves happened in increments. In August 2019, the company sold ...

5. www.businessinsider.com › what-went-wrong-atWhy Verizon's Media Ambitions Failed and Its Sale to Apollo

   www.businessinsider.com › what-went-wrong-at

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   May 5, 2021 · Verizon has pulled back on its once-big media and advertising ambitions. The telecom giant just sold Verizon Media to private-equity firm Apollo Global Management for $5 billion. The deal includes ...

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7. www.reuters.com › technology › apollo-acquireVerizon to offload Yahoo, AOL for $5 billion | Reuters

   www.reuters.com › technology › apollo-acquire

   May 3, 2021 · Verizon Communications Inc (VZ.N) is getting rid of its media businesses that include iconic brands Yahoo and AOL for $5 billion, ending an expensive and unsuccessful run in the media and ...

8. variety.com › 2021 › digitalVerizon Media Q2: Revenue Bounces Back Over Pre ... - Variety

   variety.com › 2021 › digital

   Jul 21, 2021 · Overall, Verizon beat Wall Street estimates on the top and bottom lines. The telco reported $33.8 billion in Q2 consolidated revenue, up 10.9% year-over-year, driven by wireless revenue growth and ...