Verizon Wireless Customers Receive Disney+ Free for 1 Year | Financial Buzz

Verizon Wireless Customers Receive Disney+ Free for 1 Year

Verizon Communications Inc. (NYSE: VZ) announced on Tuesday morning that its Verizon wireless unlimited customers will receive 12 months of Walt Disney’s (NYSE: DIS) Disney+ streaming service for free. 

Disney+ is expected to launch on November 12 and will offer a variety of shows and movies from Disney, Pixar, Marvel, Star Wars, National Geographic, and more. 

In the first year, Disney+ expects to release more than 25 original series and 10 original films and documentaries, including “The Mandalorian” and “Lady and the Tramp.”

“Giving Verizon customers an unprecedented offer and access to Disney+ on the platform of their choice is yet another example of our commitment to provide the best premium content available through key partnerships on behalf of our customers,” said Verizon Chairman and Chief Executive Officer Hans Vestberg. 

“Our work with Disney extends beyond Disney+ as we bring the power of 5G Ultra Wideband technology to the entertainment industry through exciting initiatives with Disney Innovation Studios and in the parks,” Vestberg added.

In the press release, Verizon specifically noted that wireless unlimited, new Fios Home Internet and 5G Home Internet customers will receive the exclusive offer.  At launch, Verizon customers can activate their subscription and start streaming onto their mobile devices and connected TV devices, including gaming consoles, streaming media players, and smart TVs.

“The launch of Disney+ kicks off a new era of streaming for The Walt Disney Company, bringing nearly a century’s worth of content from our iconic studios to consumers directly,” said Kevin Mayer, Chairman, Direct-to-Consumer & International, The Walt Disney Company. “We’re excited to share this moment with Verizon and bring Disney+ to the millions of customers across its award-winning wireless network.”

Through the collaboration, Disney is expected to land millions of early subscribers in order to compete against other streaming service providers such as Netflix (NASDAQ: NFLX), (NASDAQ: AMZN), and Apple (NASDAQ: AAPL) TV+.