Verizon Buys Into AwesomenessTV to Bolster Mobile Video
Verizon has agreed to acquire a 24.5% equity stake in AwesomenessTV and will use the platform to add unique content to its go90 mobile video service. DreamWorks and Hearst will maintain 51% and 24.5% shares, respectively, in AwesomenessTV. Verizon said its premium content will first be made available to Verizon customers in the U.S., but AwesomenessTV will be able to sell the content in other markets over time. The companies plan to use "leading talent in front of and behind the camera" to create short-form mobile videos. In recent months, Verizon has invested heavily in media, and specifically in video. The company expects the transaction to be completed within 60 days.
YouTube Reimagines Its Premium Video and Music Services
May 17, 2018
YouTube today announced YouTube Premium and YouTube Music, services that replace YouTube Red and YT Music, respectively. Moving forward, YouTube Premium will be the video site's top-tier service, offering originals, ad-free play, background play, and downloads across YouTube.
Verizon Adds Casting Support to iOS go90 App
Jun 21, 2016
Verizon Wireless updated its go90 mobile video app this week, making it possible to push content from the iPhone to TVs via Apple TV and Chromecast. Verizon says the app has a new design with simplified navigation, and now more visibly curates video content based on category, such as action, comedy, drama, or reality.
Verizon and Hearst to Acquire Complex for Mobile Content
Apr 19, 2016
Verizon Communications and Hearst have agreed to acquire Complex, a media organization founded by Mark Ecko that creates content for young adult audiences. Under the terms of the agreement, Verizon and Hearst will each own 50% of Complex through a joint venture.
Verizon and AwesomenessTV Bag Video Content Plans
Feb 15, 2017
Verizon Wireless and AwesomenessTV no longer plan to develop premium video content for mobile devices. Verizon invested in a 24.5% stake in AwesomenessTV last year with the intent of introducing new programming for millennials that would stand apart from Verizon's existing go90 video product.
Sony Xperia XZ2 Premium Captures and Plays 4K HDR Video
Apr 16, 2018
Sony today announced the Xperia XZ2 Premium, a high-end Android phone that boasts some of the most advanced imaging features available in a mobile device. The XZ2 Premium has a 5.8-inch 4K HDR display (16:9 aspect ratio) that Sony says is 30% brighter than its previous mobile 4K screen.
Data caps make mobile video less relevant