Verizon Unveils Groundbreaking $10 Streaming Deal: Netflix & Max Join Forces

Verizon Communications Inc VZ is launching a unique streaming bundle partnership with Netflix, Inc NFLX and Warner Bros. Discovery, Inc WBD Max, offering ad-supported services from these entertainment giants together for the first time. 

Starting December 7, this bundle will be available exclusively for Verizon's myPlan customers at $10 monthly, delivering over 40% savings. 

This offer is part of ten $10 monthly perks within myPlan, which includes options like Apple TV+, Walmart+, and TravelPass.

Also Read: Score Big Savings on NFL+ Premium with Verizon's New Deal: Here's How

Customers using myPlan can select perks to add to their unlimited plans, allowing them to enjoy popular services like Netflix and Max at an affordable rate. 

This initiative marks Verizon as the first provider to offer a Netflix & Max (with ads) bundle, enhancing its wireless customers' value through strategic content industry partnerships.

Frank Boulben, Chief Revenue Officer of Verizon Consumer Group, emphasizes that these exclusive deals and bundled content offers through myPlan make it an optimal time to be a Verizon customer. 

The Netflix & Max (with ads) perk will be accessible to Verizon mobile customers on specific unlimited plans starting December 7. 

Additionally, Verizon is presenting a range of holiday deals across various categories, including mobile, home internet, streaming, and gaming, available at their holiday media hub online.

In October, Verizon reported a third-quarter FY23 sales decline of 2.6% year-on-year to $33.34 billion, beating the consensus of $33.25 billion. Adjusted EPS of $1.22 beat the consensus of $1.18.

Price Action: VZ shares traded lower by 1.00% at $38.20 on the last check Monday.