Verizon subscriber addition beats estimates on Disney+ boost

The largest U.S. wireless carrier by subscribers has cut prices and made its offerings more attractive by bundling services such as Apple Music to battle intense competition in the industry. In October, Verizon said it would offer a year-long subscription to Walt Disney Co’s Disney+ with its unlimited plans, a move aimed at rival AT&T Inc, which is expected to launch its own streaming platform, HBO Max, in May. Revenue in Verizon’s media unit, which includes Yahoo, HuffPost and TechCrunch, was nearly flat at $2.1 billion from a year earlier. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.