Wal-Mart offers video streaming on website
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In this screen shot provided by Wal-Mart Stores Inc., the film "True Grit" is shown as one of the titles available on the company's new video-streaming service. The world?s largest retailer on Tuesday, July 26, 2011 started streaming many movies the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc.?s business and just two weeks after Netflix announced new price increases. Wal-Mart Stores Inc. bought video-streaming service Vudu.com 18 months ago and now offers 20,000 titles that can be viewed on almost any device with Internet access, from computers to televisions to Sony?s PlayStation3 and other Blu-Ray disc players. (AP Photo/Wal-Mart Stores Inc.)
NEW YORK » Wal-Mart Stores Inc. is now renting and streaming movies online, many the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc.’s business.
The world’s largest retailer bought video-streaming service Vudu.com 18 months ago and Tuesday started offering 20,000 titles that can be viewed on almost any device with Internet access, from PCs to televisions to Sony’s PlayStation3 and other Blu-Ray disc players.
Movies are available at Walmart.com to rent for $1 to $5.99 or to purchase for $4.99 and up.
Wal-Mart, based in Bentonville, Ark., has tested the movie-rental waters before. It previously offered a DVD-by-mail service but it stopped that service in February 2010.
