Wednesday, February 24, 2010

Walmart Buys Vudu, Jumping Into Online Movie Rentals | Epicenter | Wired.com

Walmart Buys Vudu, Jumping Into Online Movie Rentals | Epicenter | Wired.com: "Retail behemoth Walmart is set to get into the online-movie-rental business by purchasing Silicon Valley startup Vudu, which streams movies to television sets, thanks to partnerships with TV manufacturers.

The pending Vudu purchase will put Walmart up against NetFlix and other online movie rental services, such as iTunes. Netflix leads in the battle to move movie rentals away from DVD disks delivered through the mail or picked up form from retail outlets"

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