Pornhub interested in acquiring Tumblr from Verizon
03 MAY 2019
Pornhub, the Montreal-based pornography streaming service, is interested in purchasing Tumblr from Verizon [NYSE:VZ], BuzzfeedNews reported late Thursday. BuzzfeedNews cited an email it received from Corey Price, vice president of Pornhub, who said synergies exist between the brands.
The Wall Street Journal reported that Verizon is seeking offers for the Tumblr blogging platform. The newspaper cited people familiar with the matter as saying the move comes as Verizon attempts to shore up Verizon Media Group's revenues.