Verizon Sells Yahoo, AOL to Apollo for $5B
The deal marks the end of Verizon's effort to provide a digital media alternative to tech behemoths Google, Facebook, and Amazon.
Verizon to Take $4.6B Writedown on Media Unit
After spending $8.9 billion to acquire Yahoo and AOL, the telecom giant is reducing the goodwill value of its media brands to only $200 million.
Talent Agency Beefs Up Digital With UFC Deal
The $4 billion acquisition of the mixed martial arts phenomenon gives WME-IMG a prime source of digital content.