Netflix Shares Collapse Following Walt Disney-Verizon Deal
The streaming service Netflix has seen another significant drop after the announcement of a deal between Walt Disney and Verizon. According to Deadline, the company's shares fell by three percent. Under the terms of the contract, Verizon, the largest US wireless service provider, will offer its new customers buying "unlimited" 4G LTE packages and 5G communications, free one year subscription to Disney + streaming service. "Providing Verizon customers with this unprecedented offer of access to Disney + is another example of our commitment to the best premium content available through our partnership agreements that we the name of our clients ", - Verizon CEO Hans Westberg said in a statement. As a reminder, the Dianey + platform will launch in November 2019. Monthly subscriptions in North America are only $ 7. Other streaming services from Apple, WarnerMedia, NBCUniversal and others will also be available in the near future. As for Netflix, it plans to build up its debt burden by using borrowed funds to produce new content. WarnerMedia, NBCUniversal and others. As for Netflix, it plans to increase its debt burden by using borrowed funds to produce new content.WarnerMedia, NBCUniversal and others. As for Netflix, it plans to build up its debt burden by using borrowed funds to produce new content.The Topic of Article: Netflix Shares Collapse Following Walt Disney-Verizon Deal. |
