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OFFON

VERIZON COMMUNICATIONS

(VZ)
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Verizon Communications : Yahoo Sports and NBA to Bring Virtual Reality Experience to Fans

07/30/2020 | 01:02pm EDT

By Stephen Nakrosis

The National Basketball Association and Yahoo Sports on Thursday said they were joining forces with media company RYOT to produce league games in virtual reality.

The companies said the games would be viewable through Oculus devices, adding "more than a dozen live NBA League Pass games will be distributed in VR via Oculus Venues on Oculus Quest and Oculus Go headsets beginning Friday, July 31 through Friday, Aug. 14."

Yahoo and the NBA also said "The relationship will also allow Yahoo Sports to engage fans through fantasy and sports betting in unprecedented ways, including the right to create sports betting content and expanding Yahoo Sports' existing distribution of NBA League Pass."

Bill Koenig, NBA president, Global Content & Media Distribution, said "As the NBA Restart tips off this week, our expanded relationship with Yahoo Sports will offer a variety of unique ways for fans to engage with the NBA," and added "With everything from fantasy games, sports betting integrations, gaming-focused content and NBA games in VR, there will be no shortage of opportunities to get closer to the game."

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

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Financials (USD)
Sales 2021 134 B - -
Net income 2021 20 864 M - -
Net Debt 2021 146 B - -
P/E ratio 2021 11,2x
Yield 2021 4,52%
Capitalization 232 B 232 B -
EV / Sales 2021 2,82x
EV / Sales 2022 2,72x
Nbr of Employees 132 200
Free-Float 96,5%
Chart VERIZON COMMUNICATIONS
Duration : Period :
Verizon Communications Technical Analysis Chart | VZ | US92343V1044 | MarketScreener
Technical analysis trends VERIZON COMMUNICATIONS
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 28
Last Close Price 56,07 $
Average target price 60,59 $
Spread / Average Target 8,06%
EPS Revisions
Managers and Directors
NameTitle
Hans Erik Vestberg Chairman & Chief Executive Officer
Matthew D. Ellis Chief Financial Officer & Executive Vice President
Kyle J. Malady Chief Technology Officer & Executive VP
Shankar Arumugavelu Global Chief Information Officer
Craig Silliman Chief Administrative & Legal Officer, Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
VERIZON COMMUNICATIONS-4.05%232 134
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NIPPON TELEGRAPH AND TELEPHONE CORPORATION9.20%93 729
SAUDI TELECOM COMPANY23.77%69 443