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Tuesday, July 26, 2016

Marni Walden Behind Verizon's Acquisition of Yahoo

More content focus by telecom companies -- short video clips, and entertainment that doesn't count against your data cap. 

Why?


ReCode  (More at the source)

These days, though, Walden is in charge of new business opportunities for Verizon. Some of those are things that involve the cellular business, such as connected cars, but much of Walden’s work has been in areas new to both her and Verizon.

“People are surprised about Verizon getting into the content space,” Walden told Recode last year. “I think that’s really important to bring eyeballs and audience. Our media business will play a much more significant role in the Verizon of the future.”

It hasn’t all been easy going for Verizon, particularly its efforts in video programming. The company launched a mobile video service known as Go90 last year, but it remains a relative nonentity.

Rather than boasting well-known shows, big sports deals or original programming, Go90 has relied on short clips it hopes will appeal to the YouTube generation. In that vein, Verizon recently hired former YouTube executive Ivana Kirkbride to be Go90’s chief content officer.

Probably the biggest thing going for Go90 is that it can undercut rivals on price. Not only is there no price for subscribing, but for Verizon Wireless customers, using the service doesn’t even count against their data cap.

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