Walmart may break into streaming market in potential deal with Disney, Paramount, and Comcast

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

TESTING THE WATERS: Walmart mulls potential streaming deal with 3 major platforms

high-level talks with the three companies in recent days, and it is considering a streaming asset for its membership program, according to the New York Times, citing people familiar with the matter. The Walmart+ membership currently features free shipping on orders, discounts on fuel and a six-month Spotify membership, all for $12.95 per month.News of the potential move comes less than a week after Walmart announced a corporate layoff due to low profit forecasts.

"We’re updating our structure and evolving select roles to provide clarity and better position the company for a strong future," a company spokesperson told FOX Business in a statement last week.

 

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:

 /  🏆 458. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines