Verizon Media is a division of Verizon Communications for its media and online businesses. Verizon Communications had acquired AOL in 2015; when Verizon Communications purchased Yahoo!'s business in 2017, it joined AOL and Yahoo! in a subsidiary named Oath Inc.
In December 2018, Verizon announced it would write down the combined value of its purchases of AOL and Yahoo! by $4.6 billion (about half). Verizon renamed the company Verizon Media in January 2019 and within Verizon Media, AOL and Yahoo! maintain their respective brands.