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Saturday, Mar 15, 2025

Verizon Buys Minority Stake in AwesomenessTV

Verizon Communications has agreed to take a 24.5 percent equity stake in AwesomenessTV in a deal valuing the streaming entertainment business at approximately $650 million. Awesomeness, 51 percent owned by DreamWorks Animation, will also provide Verizon with proprietary content as part of a new entertainment channel.

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