Verizon Teams Up With Netflix, Warner Bros For Discounted Streaming Bundle Launch: Report
Portfolio Pulse from Benzinga Neuro
Verizon Communications Inc. is reportedly partnering with Netflix Inc. and Warner Bros Discovery to launch a competitively priced streaming bundle. The bundle, which includes ad-supported versions of Netflix and Warner Bros Discovery’s Max streaming services, will be offered to Verizon customers for about $10 a month. The launch is expected in the coming weeks and involves a revenue-sharing agreement between the three companies.
November 10, 2023 | 7:48 am
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POSITIVE IMPACT
Netflix's partnership with Verizon and Warner Bros Discovery could increase its user base and ad revenue.
The partnership with Verizon and Warner Bros Discovery allows Netflix to reach more customers through the discounted streaming bundle, which could increase its user base and ad revenue. The impact is likely to be positive in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Verizon's partnership with Netflix and Warner Bros Discovery for a discounted streaming bundle could attract more customers and increase revenue.
The partnership with Netflix and Warner Bros Discovery allows Verizon to offer a competitively priced streaming bundle, which could attract more customers and increase revenue. The impact is likely to be positive in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Warner Bros Discovery's partnership with Verizon and Netflix could increase its user base and ad revenue.
The partnership with Verizon and Netflix allows Warner Bros Discovery to reach more customers through the discounted streaming bundle, which could increase its user base and ad revenue. The impact is likely to be positive in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100