Walt Disney Co's launch of its Disney+ streaming service will get a boost o...
- Walt Disney Co’s launch of its Disney+ streaming service will get a boost of about 50 million U.S. subscribers through a promotion with Verizon Communications Inc, the telecom provider said on Tuesday.
Disney shares rose 1.7% to close at $132.55, and Verizon was barely changed at $60.76 on the New York Stock Exchange. Netflix Inc shares fell 4.3% to $266.03 on Nasdaq.Verizon said all its new and existing unlimited wireless customers, as well as new Fios and 5G Home internet customers, will be eligible for a free, one-year subscription to Disney+. The service will cost regular subscribers $7 monthly or $70 annually. A bundle that includes ESPN+ and Hulu will cost $13 a month.
Verizon and Disney are taking a page out of Apple Inc’s playbook by giving a free year’s worth of the video service, to quickly build a subscriber base.to Apple TV+ for all purchasers of new Macs, iPhones and Apple TV devices. The service is set to launch on Nov. 1. Analysts at research firm Cowen noted that Verizon recently reduced the price of its unlimited plans by $5 per month to encourage customer uptake in preparation for 5G.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Netflix Shares Dip After Verizon Reveals Disney Streaming PromotionNetflix shares dropped nearly 3% in Tuesday morning trading after Verizon rolled out a promotion that will give its wireless customers one free year of Disney+. Verizon will become the exclusive wi…
Lire la suite »
Netflix Stock Falls After Verizon Announces Disney Plus One-Year GiveawayNetflix investors, already skittish about the looming entry of Disney and Apple into the competitive streaming space, pushed the stock down as much as 3.5% in morning trading Tuesday. The drop came…
Lire la suite »
Verizon Customers to Get Year of Disney+ for FreeAll unlimited wireless data and new Internet subscribers will get access to the new streaming service, launching Nov. 12, to reward their loyalty.
Lire la suite »
Verizon to offer free Disney+ for 1 yearVerizon is offering new and current customers a free year of Disney+ as the battle for streaming customers heats up.
Lire la suite »
Verizon to Offer Free Disney+ as Streaming Wars Heat UpVerizon Communications said it would provide its wireless customers on unlimited data plans a year of free access to Disney+, giving the new streaming entrant a huge potential boost and the cellphone carrier a fresh way to hold on to customers.
Lire la suite »
Verizon will offer customers a year of Disney+ for freeVerizon will give a year of Disney+ to its existing and new wireless customers, new Fios customers and new 5G Home Internet customers.
Lire la suite »