What if Verizon acquired The Walt Disney Company back in 1993?

As of 2019, The Walt Disney Company is one of the few major media companies to be independently owned rather than owned by a larger company (e.g: ViacomCBS by National Amusements, NBCUniversal by Comcast, WarnerMedia by AT&T and Columbia TriStar by Apple).

With that, Verizon offered its customers a year of Disney+ for free.

But what if Verizon had bought it in 1993? Here's what might have happened.