Wal-Mart has a big video streaming ambition. Today Bloomberg reports that retailers are negotiating to sell services through several media companies and online stores. This publication says that Walmart wants to give Vudu customers the ability to add premium services such as HBO Now, Showtime or Starz. Bloomberg estimates that DVD sales will decrease.
Amazon provides similar services through channels through which customers can subscribe to these third party services. Meanwhile, Variety reported earlier this year that Walmart plans to launch a Netflix competitor with the Vudu brand. At the time, it was supposed to be about $ 8 at the end of the month.
Wal-Mart already sells digital movies for rent or purchase. It also offers a couple of free movies through YouTube. Wal-Mart thinks digital streaming is a worthwhile investment area, but obviously all we have to do is a leaked business transaction report