Tim Armstrong Unveils Oath: AOL-Yahoo Combo Is as Big as Netflix and Looking to Expand
Contributed by NAMPA / Reuters.
By Todd Spangler
LOS ANGELES (Variety.com) - Tim Armstrong, CEO of Oath -- Verizon's newly merged AOL-Yahoo organization -- said the company today is roughly the size of Netflix and is plotting a worldwide expansion to launch more brands in more countries beyond its current portfolio.
The idea behind the Oath name was to convey a long-term commitment to the media business, said Armstrong, speaking at an event Monday at Cannes Lions. Oath comprises more than 50 media and tech brands, and its focu ...