(Telecompaper) Verizon and Hearst have formed a joint venture to develop new digital video channels and programming targeted at the mobile millennial audience. The Verizon Hearst Media Partners venture will pair Verizon's technology and Hearst's digital video content and production capabilities to develop two initial channels of video programming to be distributed across go90, AOL and other distribution platforms, as well as through third-party networks and licensors.