Verizon to Buy AOL for $4.4 Billion to Expand Digital Portfolio

May 12, 2015
Verizon Communications agreed on Tuesday to buy AOL for $4.4 billion in an all-cash deal that will see today’s king of mobile acquire the one-time king of media. The rationale is the same as it was 15 years ago, but the platform is different.

Read more at:

Get the Media Source Newsletter on your smartphone or tablet now!



Latest News

Give Everyone a Barcode? China Trying to Use COVID Fears to Launch Global Tracking System for Humans

Xi proposed the concept during a virtual G20 leaders' meeting on Saturday...


Groups Ask FCC To Reverse Decision That Opened Door To More Simulcasts

The MusicFirst Coalition, the Future of Music Coalition and low-power advocacy REC Networks have jointly...


Defense Authorization Bill Targets Ligado

Ligado opponents are cheering on provisions in the National Defense Authorization Act (NADA)...


U.S. States Prepare Second Antitrust Lawsuit Against Google for December

A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month...


More News