Walt Disney's program covers substantially more surface area, there's 6? publicly traded companies listed there. In addition to covering far fewer domains & apps, AT&T's conditions and exclusions disqualify a lot more.
The market for bounties is a circus, breadcrumbs for free work from people trying to 'make it'. It can safely be analogized to the classic trope of those wanting to work in games getting paid fractional market rates for absurd amounts of QA effort. The number of CVSS vulns with a score above 8 that have floated across the front page of HN in the past year without anyone getting paid tells you that much.