Verizon acquires subscription video service Vessel, will shut it down on Oct. 31

 Verizon is buying Vessel, the subscription video service founded by Jason Kilar (Hulu’s former CEO) and Richard Tom (its former CTO). Vessel enlisted YouTube stars and other video creators, offering early access to their videos for $2.99 a month. It raised more than $130 million from investors including Benchmark, Greylock, Bezos Expeditions and Institutional Venture Partners. Tom… Read More

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