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Monday, September 26, 2022

Walmart in talks with Disney, Paramount and Comcast for streaming deal

Walmart wants to offer a streaming service to its customers, and is eyeing some of the biggest players in the industry. Major companies have made the move to streaming over the years to compete with Netflix, which has become a leader in the industry. Even after streaming Wall Street estimates soured, Walmart’s interest in the game still lingers. According to new York TimesWalmart is looking to add a streaming service to its Walmart+ subscription offering, and has reached out to the likes of The Walt Disney Company, Comcast Corp and Paramount Global.

Of course, the three streaming services that Walmart can provide are Disney+, Hulu, and ESPN+ from Walt Disney, Peacock from Comcast, and Paramount+ from Paramount. If any such deal is agreed upon, it would be one of the first streaming service bundles some customers have been begging for since the industry exploded. Instead of subscribing to separate streaming services with separate bills, a bundle under the Walmart+ banner would theoretically reduce the need for separate bills.

Walmart+ launched in 2020 and offers members reduced prices on gas, free shipping on online orders, scans to and from physical stores using a mobile device, and more, all for $12.95 per month or more. For a price of $98 per year. Walmart recently added an offer from streaming music service, Spotify, for six months for free.

This isn’t the first time Walmart has shown interest in streaming. 2020 was also the year Walmart sold Vudu to Fandango after neglecting the service. Walmart+ can be considered a competitor to Amazon Prime, which makes the former’s interest in streaming all the more interesting. Amazon has Prime Video, which includes a strong list of licensed and original content boys, invincibleand next Lord of the Rings Chain. Prime Video is included with an Amazon Prime membership, which costs $149 per month or $139 per year.

No word on where the talks between Walmart, Disney, Comcast and Paramount live at this time. Warner Bros. Discovery has been in the news lately after word broke that the company went cold bat girl DC Movies for HBO Max. WBD held its 2Q 2022 earnings call last Thursday, where it confirmed that HBO Max and Discover+ will be merged into one service in 2023. This reassured fans that it was dedicated to growing the DC brand with a 10-year plan for DC Films. also disclosed.

Do not put your faith in this news source or website. You never know…

Reference from comicbook.com

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