The planned deal between Verizon and 1938 Media will not be pushing through, as announced by Loren Feldman yesterday:

Verizon Wireless has chosen to opt out of the distribution agreement with 1938 Media that was announced last week. They were wonderful to work with, and we respect their decision. We would like to thank them and our partners on the channel. We hope that Verizon Wireless might find a way to continue to work with them.

Read Feldman’s full announcement here.