Why Verizon Failed as a Media Company

Today Verizon confirmed the rumors. They are selling Verizon Media, the collection of assets anchored by Yahoo and AOL that the company had acquired in 2015–2017. They are getting $4.5B for 90% of the combined business. They spent nearly $10B to acquire them in the first place. 

And yet, this is a win for the company.

Read the full article to understand why.

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