Wednesday, April 6, 2016

NYT -- Verizon and AwesomenessTV to Form Mobile Video Service

The telecommunications company announced that it had struck a deal to acquire a 24.5 percent stake in AwesomenessTV, the digital entertainment network for teenagers and young adults. The companies also are planning to create a new subscription-based, short-form mobile video service. It is aimed at 18- to 34-year-olds and will be part of the Go90 streaming offering from Verizon.

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