Video at Core Of Verizon’s AOL Purchase

Washington — With its $4.4 billion purchase of AOL Inc., telecommunications giant Verizon Communications Inc. expands its empire with new online video offerings, advertising technology and a stable of well-known sites, including Huffington Post and TechCrunch. Of those, video might be the big draw, said Angelo Zino, senior equity analyst at S&P Capital IQ. AOL ranks third behind Google (mostly YouTube) and Facebook in unique...

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