Verizon Media Platform
Delivered high-performance, globally distributed content and live video streaming infrastructure for enterprise media companies requiring reliability at massive scale.
Last updated Jul 3, 2026 by the ATDb Editorial Team
At a glance
- Employees
- 1001-5000
- Funding
- $4.4B
- Revenue
- $1B+
- Stock
- NASDAQ:VZ
About
Was a major enterprise CDN and streaming media delivery provider serving broadcasters, OTT platforms, and large media companies before the platform's lineage ended with Edgio's shutdown in 2025.
Verizon Media Platform (originally Verizon Digital Media Services) was an enterprise-grade content delivery network and streaming media platform operated by Verizon Communications. It provided broadcasters, publishers, and enterprises with tools for video streaming, live event delivery, cloud storage, and global content distribution at scale. The platform was notable for its high-capacity infrastructure and was used by major media companies for mission-critical live streaming events. In 2022, Verizon divested the platform to Limelight Networks, where it was rebranded as Edgecast. Shortly thereafter, Limelight Networks itself rebranded to Edgio, merging the Edgecast capabilities with its own CDN infrastructure to create a combined edge platform targeting media, e-commerce, and enterprise customers. Edgio positioned itself as a full-stack edge platform offering CDN, security, and streaming solutions. Despite its ambitions, Edgio struggled financially and filed for Chapter 11 bankruptcy protection in 2024. Akamai Technologies acquired key assets from Edgio, and the company ceased all operations in January 2025. The entire lineage from Verizon Media Platform through Edgecast to Edgio thus came to an end, leaving a significant gap in the mid-market CDN and streaming delivery space that had served major media and entertainment clients for over a decade.
Business model
Usage-based / Managed Services
Target market
Enterprise
What they offer
Video Streaming Platform
End-to-end live and on-demand video streaming with encoding, packaging, and delivery capabilities.
Content Delivery Network (CDN)
Global CDN infrastructure for fast, reliable delivery of web content, software, and media assets.
Cloud Storage
Scalable cloud-based storage for media assets integrated with delivery workflows.
Live Event Streaming
High-capacity infrastructure for large-scale live broadcast events including sports and news.
Origin Storage & Management
Managed origin services for storing and organizing content prior to CDN distribution.
Key features
Use cases
Customer segments
Tech & specs
Technology stack
Security & compliance
Deployment
API
Yes
- 2000 · Founded
- 2022Became Edgio
- 2025Shut down
- Year unknown
- Renamed from Verizon Digital Media Services