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Tumblr was once worth more than $1 billion, but the site has faded in popularity and Verizon is shopping it around.
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The golden parachute includes $31.1 million founders award and $16.6 million he's expected to get in June.
Our 10 biggest Prime stories of the year examined Verizon's lofty plans for Oath, Videology's downfall, and more.
Everything that you need to know in advertising today, from Madison Avenue's rising stars to Facebook giving brands access to users' private data.
‘Y’ is for Verizon? Oath is rebranding as Verizon Media Group, but the company appears to have flubbed the announcement
Twitter users were confused by the "Y" at the top of the statement, which many assume to be the company's new logo.
Verizon expects to write down its Oath business by $4.6 billion in the fourth quarter of 2018.
Everything that you need to know in advertising today, from Charter CEO's M&A ambitions to Martin Sorrell's S4 acquisition of MightyHive.
Everything that you need to know in advertising today, from Amazon's Google ads to Oath's move into subscriptions.
Tim Armstrong, the CEO of Verizon's media and advertising business, Oath, will step down from his position in October. Effective October 1, Oath president and COO Guru Gowrappan, will assume the role of CEO and will report to Verizon CEO Hans Vestberg.