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Bloomberg
Paramount Global reached a deal with Walmart Inc to offer its streaming service to subscribers of the retail giant’s membership program.
Under the agreement, Walmart+ members will have access to the Paramount+ Essential plan, an ad-supported version of the streaming service, at no additional cost, according to a statement.
The offering may bolster Walmart’s appeal as it tries to win customers from Amazon.com Inc, which offers Prime Video streaming to its members. The Walmart+ program, which costs $12.95 a month or $98 a year, includes perks such as free shipping and discounts on gasoline. The Paramount+ Essential subscription has an added value of $59 a year, the companies said. It includes shows from the company’s CBS, Nickelodeon and other channels.
The relationship is similar to ones other streaming services have used to acquire customers. Walt Disney Co’s Disney+ launched as a free add-on for Verizon Communications Inc customers and T-Mobile
US Inc has a similar deal with Netflix Inc.