Verizon (2018): We're done making media investments, we're going to be a network company.
- We're testing a game streaming service
- We're buying Jaunt VR
Reminder: Verizon invested at MoviePass in Q2 2018 at nearly $4. It now trades for $0.0040
And lost $1.5B on Go90 https://digiday.com/media/go90-never-shot/ …
And wrotedown half of the $9B AOL+Yahoo after two years https://www.hollywoodreporter.com/news/verizon-takes-46-billion-writedown-oath-unit-1168225 …
You can follow @ballmatthew.
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