Todd Spangler NY Digital EditorVerizon Media is getting ready to fly out of the Verizon nest as a private company — and CEO Guru Gowrappan says the digital-media group that encompasses Yahoo and AOL businesses has strengthened its wings for journey.It’s also getting help from a rebound in digital advertising spend: Verizon Media revenue for the second quarter of 2021 was $2.1 billion.
That’s up 50% from the year-ago period, which was hurt by the COVID pandemic, and an increase of 13% from Q2 2019.“We are executing on the product side and taking share from competitors,” Gowrappan said.Click here to sign up for Variety’s free newsletter.The Q2 results mark the third consecutive quarter of double-digit growth for the media business, and.
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