Go90's Failure Just Cost Verizon $658 Million in Q2 Earnings

Verizon said a $658 million write-down was “mainly related to the discontinuation” of Go90. That comes after the service was shuttered last month — and after Verizon sunk $200 million into content and marketing during the platform’s three-year run. - Sean Burch, The Wrap [via/web:http://streaming-tv.us]