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Verizon invests $100 million in video streaming channel AwesomenessTV

Verizon has invested more than $100 million for a 24.5% stake in online video channel AwesomenessTV. This is a move by mainstream company to find business in a non-mainstream traditional video streaming shows. The audience here would the young mobile-first generation. Hollywood’s DreamWorks Animation had earlier bought AwesomenessTV in 2013, and it was a $113 …

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