Netflix Stock Falls After Verizon Announces Disney Plus One-Year Giveaway

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Netflix Stock Dips After Verizon Announces Disney Plus One-Year Giveaway

Netflix investors, already skittish about the looming entry of Disney and Apple into the competitive streaming space, pushed the stock down as much as 3.5% in morning trading Tuesday. The drop came after Verizon announced a deal with Disney to offer Disney Plus for 12 months free to all unlimited wireless customers and new Fios [...

Discovery launched Food Network Kitchen, its biggest direct-to-consumer streaming play to date, in the U.S. with a programming lineup that includes 25 live cooking shows each week. For the initial launch, Discovery is offering a 90-day free trial period Food Network Kitchen, along with a limited-time discounted price of $47.99 per year . [...

Location-based virtual reality startup Sandbox VR has raised an additional $11 million from an illustrious round of funders including Orlando Bloom, Will Smith, Justin Timberlake, Katy Perry, Kevin Durant, Michael Ovitz and soccer star Keisuke Honda. The new funding round, which brings the total raised by the company to $83 million, comes just weeks ahead [...]

 

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ejacksonmedia This streaming industry is so unnecessary.

BKB29

Maybe if they didn't spend insane amounts of money for projects that really don't demand it, and then raise their subscription fees every five minutes, netflix wouldn't have to worry so much. But in a year, Disney will be doing the same.

Supply and demand. Disney owns so much and can offer many viewers what they want. Cutting into Netflix 🔪

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Netflix Shares Dip After Verizon Reveals Disney Streaming PromotionNetflix shares dropped nearly 3% in Tuesday morning trading after Verizon rolled out a promotion that will give its wireless customers one free year of Disney+. Verizon will become the exclusive wi… I mean, they keep canceling great shows and giving us movies like TALL GIRL
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