Verizon Lays Off Go90 Employees, Tasks Vessel Team With App Rebuild – Variety (Jan 23, 2017)
Verizon’s Go90 has never seemed like the right answer to the question of what a mobile carrier should do to make money from video (the right answer might either be launching a fully fledged video service a la DirecTV Now, or simply enabling all other video services a la BingeOn). These layoffs seem like validation of that sentiment, as it looks like Verizon is doing a bit of a reset on its Go90 efforts, putting former Vessel people in charge instead of the 155-strong team it’s had in San Jose for some time now, most of whom came from the Intel OnCue acquisition. Go90 has always been an odd mishmash of stuff, mostly freely available elsewhere with a few freemium elements focused on millennial-oriented content, but has never felt like a serious video play, and I still don’t expect it to turn into any kind of meaningful business for Verizon unless there’s a big pivot to a new strategy for the service.
via Verizon Lays Off Go90 Employees, Tasks Vessel Team With App Rebuild | Variety
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