Comment on Netflix shares drop after Verizon reveals Disney streaming promotion

Netflix shares drop after Verizon reveals Disney streaming promotion

Netflix shares sank more than 3 percent Tuesday, after Verizon said it will offer unlimited wireless and broadband customers a free one-year subscription to Walt Disney’s soon-to-be-launched streaming service Disney+. Verizon said all its new and existing unlimited wireless customers, as well as its Fios and 5G Home internet customers, will be eligible.

 

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