Source: The Business Journals: San Jose

Vessel: Verizon in talks to acquire a mobile video startup founded by former Hulu CEO

Verizon is in advanced talks to acquire Vessel, a mobile video startup founded by former Hulu CEO Jason Kilar. In what looks like a pivot, Vessel is working on a "Snapchat-like" product with image filters and other features, according to Recode, citing sources close to the talks. The company has also been terminating content deals and developing a group-video service called "Hubcap," per a VideoInk report last month. Vessel's initial plan was to sell subscriptions for $2.99 per month...

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Jason Kilar's photo - Co-Founder & CEO of Vessel

Co-Founder & CEO

Jason Kilar

CEO Approval Rating

69/100

Vessel is an online video streaming platform that allows users to watch movies, television shows and music albums.

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