May
12
Verizon Bets on Video Ads in $4 Billion Deal for AOL
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AOL had been the frequent subject of takeover speculation by Yahoo, another early giant of online media.CreditJustin Sullivan/Getty Images North America
The nation’s biggest wireless operator sees its digital future in a company that still offers dial-up Internet service.
However backward that may seem, Verizon Communications’ $4.4 billion all-cash deal for AOL, announced on Tuesday, illustrates how the communications industry has changed — even if the underlying rationale has not — from the days when the Internet pioneer told users “You’ve got mail.”…
Verizon Bets on Video Ads in $4 Billion Deal for AOL
