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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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Tech

Verizon offers free year of AMC+ to customers, but there’s a catch

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
August 12, 2021, 12:29 PM ET
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Verizon already offers Discovery+ and Disney+ to certain customers. Now the company is broadening its entertainment perks.

Verizon will provide up to a year of AMC+ to new and existing customers who either buy a new 5G phone with a payment plan or sign up for Fios home Internet service. (AMC+ carries a cost of $8.99 per month after the Verizon promotion ends.)

Verizon’s deal is the latest in an increasingly aggressive battle among telecom giants to lure customers with streaming subscriptions. Rival AT&T offers free access to HBO Max to some customers, while T-Mobile offers free Netflix to people with unlimited data plans.

Streaming services are fighting each other too. Bundling services with telecom providers offers a way for them to become part of people’s viewing habits; the idea is to hook customers before the monthly charges kick in.

New or existing Verizon customers who purchase a 5G phone with a device payment plan will be eligible for 12 months of AMC+ at no extra charge. That deal will also extend to new Verizon Fios customers who sign up for one of Verizon’s Mix & Match home Internet plans.

Verizon is also giving six-month AMC+ packages to customers who buy a 5G phone on its “start unlimited” plan, which includes 4G data instead of 5G. Customers who upgrade to a 5G phone on their existing phone line will also get six months of free AMC+ streaming.

AMC+ bundles programming from AMC, BBC America, IFC, and SundanceTV, with top-line shows that include The Walking Dead, Mad Men, Orphan Black, and Portlandia.

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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