Verizon Going OTT with AwesomenessTV, DreamWorksTV

NEW YORK: Verizon is making a big move in the OTT space, planning to launch internet TV channels with AwesomenessTV and DreamWorksTV.

The agreement sees more than 200 hours of original content per year produced by AwesomenessTV to be available for customers later this year through OTT video. The AwesomenessTV channel will target teens and young Millennials. The family-oriented DreamWorksTV will feature both live-action and animated short-form content as well as some of DreamWorks Animation's most recognizable characters.

The offering will so far only be available in the U.S. This is a multiyear deal.

"It's increasingly clear that 'mobile first' is the way Millennials are consuming all types of content, especially HD video and music," said Terry Denson, the VP of content acquisition and strategy at Verizon. "At Verizon, we're committed to working with only the best and most innovative content providers, like AwesomenessTV, and driving opportunities as new content models emerge and customers experience the most in-demand and popular video in entirely new ways."

"This is an incredible opportunity to expand the audience for both AwesomenessTV and DreamWorksTV. Mobile is where our audience lives, which is why we are looking forward to working with Verizon to introduce our programming and talent to their massive customer base," said Brian Robbins, CEO and co-founder AwesomenessTV.