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TAGGED AS AOL INC.

Verizon allows companies to cover data costs for consumer access

Media | 01/19/2016 7:44 pm EST

Verizon Communication Inc. announced Tuesday it is introducing a new sponsored data service, called FreeBee Data, to help businesses drive better consumer engagement without cutting into customers' mobile data allotments.  The U.S. carrier said in a press release that the service has two models. One is called FreeBee Data 360 and will allow content providers provide consumers with certain elements of mobile content — whether as apps or access to a website — and is based on a per gigabyte pricing model, and the data used is paid for by the company providing the content....

Verizon completes purchase of AOL

Media | 06/23/2015 6:31 pm EDT

Verizon Communications Inc. announced Tuesday that it has completed its acquisition of AOL Inc. The press release stated that “AOL is now a wholly owned subsidiary of Verizon." Verizon had announced in May that AOL would be bought for about $4.4 billion US. Verizon also will be launching a mobile video service this summer, according to an article from Multichannel News. The service will launch in the United States before expanding to other countries, the article said....

HuffPost TV channel approved for Canada

Media | 06/12/2015 4:18 pm EDT

The television channel of AOL Inc.'s Huffington Post, called HuffPost Live, has been approved for distribution in Canada, the CRTC said Friday. A notice on the commission's website, said an application put forward by the...

Verizon buying AOL for $4.4B US

Media | 05/12/2015 2:26 pm EDT

Verizon Communications Inc. is buying AOL Inc. for an estimated $4.4 billion US, Verizon said in a press release Tuesday. AOL will become a subsidiary of Verizon once the deal is completed, it added. Verizon noted AOL’s...

Kosiner looking for piece of TV music market

Media | 04/15/2015 4:14 pm EDT

A 27-year-old entrepreneur wants to offer an alternative to what he calls a monopoly in the market for audio music channels offered through TV service providers in Canada. Evan Kosiner, president and owner of Kosiner Venture...

Verizon CEO dismisses report about AOL purchase

Media | 01/06/2015 4:08 pm EST

Verizon Communications Inc.'s CEO on Tuesday denied it is interested in purchasing AOL Inc., despite a report suggesting it was exploring this option. Several news agencies reported Lowell McAdam denied such speculation...

Company asks for distribution of HuffPost Live channel

Media | 12/18/2014 5:55 pm EST

Kosiner Venture Capital Inc. has asked the CRTC to approve HuffPost Live, a television channel operated by AOL Inc.’s Huffington Post, for distribution in Canada. About 60 per cent of the channel’s programming would be in the news category, and about 40 per cent in the “Lifestyle/human interest/recreation / leisure and reality” category, said documents filed by Kosiner to the CRTC and posted on the regulator’s website Thursday. The channel features Huffington Posts’ contributors, staff and community, and provides content based on the most popular sections...