The Verizon-AOL Deal Shows How Much AOL has Reinvented Itself
CEI's Wayne Crews is quoted in Fortune on Verizon's AOL buyout.
“This is a positioning deal, to provide ad-serving to the mobile video sectors,” says Clyde Wayne Crews, Jr., vice president for policy and director of technology studies at the Competitive Enterprise Institute. “TV is said to be on the way out, but at the same time TV drama is in a golden age because of the different methods of delivery. This includes the mobile handset. This deal makes sense as it puts Verizon in a commanding role to deliver content on handsets and reap the rewards from the advertising.”