Seems like VZ is dumping anything they can’t seem to get going, hence the recent Blue Jeans announcement. TV is another loosing division. It costs the company tons of money to carry the content that the other players already own like ABC, NBC, Comcast, Warner, to name a few. VZ owns ZERO content. I say dump the TV services and be done with it. They can’t compete with Comcast.
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Bring back go90 lol. The service paid millions for awful content that no one watched except execs underlings told to refresh the same 3 videos so it looks like they are getting views.
'Content' was another 'smart set', an outside consulting firm idea because the margins 'were' higher than telecom. Then again they are riskier and should garner a higher return for when they fail. Telecom is not allowed to fail. The phone and Internet need to work!
These are the same fidiots that talked the company into buying into a Redbox partnership that cost a billion and talked them out of purchasing Netflix for less than a billion just when streaming was beginning to roll.
Focus on being the best telecom provider, worthy of the overly high fees that they charge. Bring back customer service and open up call centers in under-employed states in the Midwest and South. Higher and train more 'union techs' not less. Work with the union, not against them.
Rethink 5G and recast it into something closer to T Mobile. But get American human beings on the phone, with pay and benefits to speak to customers. Promote from within. Hire, teach, and train techs from the inner city hoods. Forget college, hire professors, and teach business from Verizon's point of view - in-house.
If VZ did these things ESG, DEI, and all of the other mumbo jumbo would all sort itself out as it should be. The net adds would be up and foolish costs down. Just sayin.
This model has been backward for a while. Neither Verizon, Comcast or ATT should be in the content business. They are the pipe that connects users to content. Content makers should be charged for accessing the pipes to the consumer instead of being packaged together to hide and reward the content losers as well as winners.
The content providers are really welfare cases riding for free on Internet backbones and last miles for free. Content providers should have to pay a toll to $compete$ for eyeballs instead of the other way around, the pipe providers need to start charging tolls.
Aol, Google, Apple and all of Bezos offerings have stolen market cap and cash flow for years. End 231 and return a little capitalism to the country and end the online welfare state.
@xzl+1o26xuvT
Outsourcing it will not work
There are millions of tv customers vs the dozens of blue jeans sessions on any given day. There are more blue jeans employees than paid and free users combined!
There will be a monumentous change with how VZ handles tv content, it will be less costly for the behemoth overall stay tuned and watch for it