Verizon offers free year of Disney+ in swipe at Netflix


Want Disney+ for Free for 12 Months? Verizon's Got You

Disney and Verizon are teaming up to bring customers a full year of Disney+ for free.

Verizon Communications Inc. will give wireless subscribers a year of free access to Walt Disney Co.'s upcoming Disney+ video service, as the streaming battle heats up against established players Netflix Inc. and Inc.'s Amazon Prime Video.

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The offer announced Tuesday is worth almost $84, based on $6.99 monthly subscription fee for the Disney Plus service, which debuts November 12. After that yearlong period, the deal will revert to the standard $6.99 a month that all Disney+ customers must pay. The deal, which coincides with the service's November 12 launch, will include new Fios Home Internet and 5G Home internet customers.

Verizon has about 50 million customers on unlimited data plans, giving Disney+ a sizeable subscriber base to build upon. Disney+, at launch, will carry thousands of titles from the studio's past and present, with a wide array of classic movies and TV shows, as well as new originals, such as The Mandalorian and the live-action Lady and the Tramp remake, amongst many others. "We're excited to share this moment with Verizon and bring Disney+ to the millions of customers across its award-winning wireless network".

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Have you already signed up for Disney+? Although it remains by far the largest and best known streaming service, there are concerns that its heyday may be nearing its end as Disney, Apple, AT&T and Comcast prepare to enter the fray with well-funded and, in most cases, cheaper alternatives. As long as the services produce quality content and compete enough to keep prices reasonable (Disney+ is going for $7 a month), I'm happy to watch them go it.

Stock in Netflix, which has slipped about 15% in 2019 to date, fell to about $270 a share.

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Fewer than half of Verizon's customers are on unlimited plans, Chief Financial Officer Matt Ellis said on the company's second-quarter earnings call.

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