STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

The Digital Vending Machine® from Bango now to include Disney+

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Bango (AIM: BGO) has announced an agreement with Disney to expand the reach of Disney+ through select consumer offers via its Digital Vending Machine® (DVM™). This collaboration will enable telecom operators and service providers in select markets to offer Disney+ bundled with mobile phone and broadband plans, potentially increasing Disney+'s 150 million+ worldwide subscriber base.

The Bango DVM™ will handle all technical aspects of creating and managing subscription offers, allowing consumer-facing companies to include Disney+ in promotional and 'a la carte' offers within subscription hubs. This move aims to streamline the process of offering and managing multiple subscriptions in one place, potentially driving growth for both Disney+ and participating service providers.

Loading...
Loading translation...

Positive

  • Agreement with Disney to expand Disney+ subscriber base through telecom operators and service providers
  • Potential to increase Disney+'s 150 million+ worldwide subscriber base
  • Expansion into new, indirect channels for Disney+ subscriptions
  • Streamlined process for offering and managing multiple subscriptions in one place

Negative

  • None.

News Market Reaction 1 Alert

% News Effect

On the day this news was published, BGOPF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CAMBRIDGE, United Kingdom, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Bango (AIM: BGO) today announces an agreement with Disney to expand the reach of the Disney+ subscriber base through select consumer offers with telecom operators and other service providers via its product the Digital Vending Machine® (DVM™).

Through the agreement with Bango, Disney+ will be available in select markets to sell with mobile phone and broadband plans, and with other consumer services. This move will help Disney+ further expand its more than 150 million strong worldwide subscriber base by opening up new, indirect channels through Bango.

Disney+ is the home for streaming entertainment from Disney, Pixar, Marvel, Star Wars, National Geographic, and more, with monthly and annual memberships available.

As a leader in subscriptions bundling technology, Bango takes care of all technical aspects of consumer-facing companies creating and managing subscription offers through their DVM™.

As a result of the strategic collaboration with Disney, the Bango DVM™ enables mobile operators and other consumer services in select markets to be able to offer Disney+ to their customers through promotional and “a la carte” offers in subscription hubs where multiple subscriptions from a wide variety of categories can be paid for and managed all in one place.

Commenting on the agreement, Anil Malhotra, CMO at Bango said, “Disney+ is already a top entertainment choice for consumers worldwide and making the service available through Bango will provide more opportunities to reach new customers and further expand its already impressive membership base. As indirect subscriptions continue to grow, Bango ensures a seamless and quick solution for market-leading products and services.”

About Bango
Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the DVM™ is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world's largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe. For more information, visit www.bango.com
  
About Disney+
Disney+ is the dedicated streaming home for movies and shows from Disney, Pixar, Marvel, Star Wars, and National Geographic, along with The Simpsons and much more. In select international markets, it also includes the general entertainment content brand, Star, and in the U.S., Disney Bundle subscribers can also access extensive Hulu content, including next day TV and Hulu Original titles, on Disney+. The flagship direct-to-consumer streaming service from Disney, Disney+ offers an ever-growing collection of exclusive originals, including feature-length films, documentaries, live-action and animated series, and short-form content. With unprecedented access to Disney’s long history of incredible film and television entertainment, Disney+ is also the exclusive streaming home for the newest releases from The Walt Disney Studios. Disney+ is available as a standalone streaming service or as part of bundled offerings, including Disney Bundle plans in the U.S. that give subscribers access to Disney+ and Hulu or Disney+, Hulu, and ESPN+. For more, visit disneyplus.com, or find the Disney+ app on most mobile and connected TV devices.

Media contact: 
Anil Malhotra, CMO, Bango 
anil@bango.com 
Tel: +44 7710 480 377 


FAQ

What is the new agreement between Bango and Disney?

Bango has agreed to include Disney+ in its Digital Vending Machine® (DVM™) product, allowing telecom operators and service providers to offer Disney+ bundled with their services in select markets.

How will this agreement affect Disney+'s subscriber base?

The agreement aims to expand Disney+'s subscriber base beyond its current 150 million+ worldwide subscribers by opening up new, indirect channels through Bango's DVM™ platform.

What is Bango's Digital Vending Machine® (DVM™)?

The Digital Vending Machine® is Bango's product that handles technical aspects of creating and managing subscription offers for consumer-facing companies, allowing them to bundle multiple subscriptions in one place.

How will this agreement benefit telecom operators and service providers?

Telecom operators and service providers in select markets will be able to offer Disney+ to their customers through promotional and 'a la carte' offers, potentially attracting more customers and increasing their service value.
Bango Plc Cambridge

OTC:BGOPF

BGOPF Rankings

BGOPF Latest News

BGOPF Stock Data

96.08M
44.00M
41.75%
39.34%
Software - Infrastructure
Technology
Link
United Kingdom
Cambridge