"Our focus with go90 and our Verizon digital media efforts are to fulfill our strategy of leveraging Verizon content investments, enhancing user experience and strengthening our advertising infrastructure," Verizon said in a statement to CNBC. "Fulfilling this strategy has resulted in some duplicative resources and has required organizational changes impacting 155 employees as we consolidate offices in Los Angeles, San Jose and New York. These changes are not indicative to a change in our strategy and we remain committed to rapidly enhancing our existing online video products and delivering new products."
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Notice no executive's name is attached to that statement? Walden? Angiolet? They take credit for other people's success, but hide from their own failures. Go90 was dead before it launched and San Jose was a mess because Walden didn't have the the guts to get them in line.
You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.
The clown has spoken once again.