Newest Netflix Competitor: Walmart

Vudu now website
By Mark Russell,  Newser Staff
Posted Jul 27, 2011 8:20 AM CDT
Newest Netflix Competitor: Walmart
Walmart started offering Vudu directly on its website yesterday, making a major push into online video streaming.   (Screenshot from www.walmart.com/vudu)

Netflix has a new competitor, and it's a behemoth: Walmart. The world's biggest retailer added Vudu, a movie streaming service it bought 18 months ago, to its site yesterday. Walmart now offers 20,000 titles to rent for $1 to $5.99, or to buy for $4.99 and up; new titles will be available the same day they come out on DVD. The service arrives just two weeks after Netflix hiked its prices; more than 2 million customers are expected to cancel their Netflix subscriptions. The AP notes that Walmart does not offer subscriptions, however, making its service more akin to Apple's iTunes. (More Walmart stories.)

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