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

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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.

 

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