Verizon Bundles Netflix and Paramount+ With Showtime

  • 📰 THR
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The telecom giant's +Play discounted rate is showing the way in how the industry may package and market streaming products in a similar way as the pay TV bundle.

How 'Queen Charlotte' Star Arsema Thomas Prepared for the Role of Young Lady Danbury: "I Needed to Call Upon the Women in My Life"

“With partners like Netflix and Paramount+ with Showtime on +Play, we’re leading the industry in offering customers the content they want, with never-before-seen bundles they can’t get anywhere else. And now with +Play as a perk offered with myPlan, we’re looking forward to even more customers taking advantage of the savings we have to offer,” Erin McPherson, chief content officer at Verizon Consumer Group, said in a statement.

Verizon is also extending its TV video strategy that markets third-party streaming platforms rather than owning and offering online platforms to mobile and broadband Internet customers through acquisitions. The Verizon +Play offer also comes as streamers are recalibrating to tackle rising content costs and get to profitability sooner for investors.

“By partnering with Verizon, we are making our broad and popular streaming offering on Paramount+ with Showtime just that more accessible,” Jeff Shultz, chief strategy officer and chief business development officer at Paramount Streaming, added in his own statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paramount’s cast addition hints at exciting finaleByron Trott’s firm is joining scion Shari Redstone and billionaire Warren Buffett as a backer of the $10 bln media empire. Its capital infusion should help ease debt concerns for the controlling shareholder. The banker’s family-business ties also dangle the prospect of a buyout.
Source: Breakingviews - 🏆 470. / 51 Read more »