Wal-mart Finding Success With Its Download Service

Wal-Mart's Vudu movie download service has rapidly become the third most popular in its field, putting it ahead of similar services from Amazon and Sony and behind only Apple's iTunes service and Microsoft's Zune Video Marketplace, the Wall Street Journal observed today (Monday). "The business we're in today, offering first-run movies a la carte, is doing very well right now and has tripled so far this year," Vudu General Manager Edward Lichty told the newspaper. Unlike Netflix, which only offers rentals, Wal-Mart's Vudu offers both movies to own and movies to rent. Customers can access the movies via either Wal-Mart's own website or via Vudu.com, which Wal-Mart purchased last year for about $100 million as a way of countering a huge fall-off in DVD sales. (Wal-Mart is the largest retailer of DVDs and Blu-ray Discs.) Wal-Mart has traditionally sold DVDs and cut-rate prices -- sometimes even at a loss -- as a lure to bring customers into its stores. But Dan Cryan, a senior analyst at IHS, cold the Journal that it's not clear yet how Wal-Mart intends to tie online movie sales into its core business.

29/08/2011


Contactmusic

Tags: Sony - Wall Street


Advertisement

Editors Recommendations

Surprise, Surprise: Thanks To Marvel, Robert Downey Jr. Continues His Reign As Hollywood's Richest Actor

It’s that time of the year again. With Forbes having published its...

Surprise, Surprise: Thanks To Marvel, Robert Downey Jr. Continues His Reign As Hollywood's Richest Actor

Simpsons Mania: FXX To Put Every Episode Online

American cable network FXX struck a deal last year to buy the rights to the...

Simpsons Mania: FXX To Put Every Episode Online

Beyonce Fends Off Divorce Rumours With Cute Instagram Snap

Rumours that a seperation is imminent have plagued the music power couple...

Beyonce Fends Off Divorce Rumours With Cute Instagram Snap

Justin Bieber Could Face Citizen's Arrest

After being called out six times to break up a rowdy party at his new digs in Beverely Hills, the police...

Justin Bieber Could Face Citizen's Arrest

J.J Abrams Reveals New X-Wing Fighter in New Star Wars Episode VII Video [Pictures]

J.J Abrams treated Star Wars fans to a look at a new model of the iconic...

J.J Abrams Reveals New X-Wing Fighter in New Star Wars Episode VII Video [Pictures]

'Boyhood' has 99% on Rotten Tomatoes. It Is Almost the Perfect Movie

It's no surprise that Richard Linklater's movie Boyhood was this week...

'Boyhood' has 99% on Rotten Tomatoes. It Is Almost the Perfect Movie
Advertisement

Once Upon A Time To Add Hans to Frozen Storyline

It was announced earlier this year that ABC series 'Once Upon A Time' would be...

Once Upon A Time To Add Hans to Frozen Storyline

Did Selena Gomez Dash Off To St Tropez To Bask In A New Relationship?

I don’t know about you, but she’s feeling 22… Selena Gomez just turned...

Did Selena Gomez Dash Off To St Tropez To Bask In A New Relationship?

The Sound Of Seattle: Budweiser Made In America See How Music Has Changed In The Noisy City

Seattle has one of the most legendary music scenes in America so...

The Sound Of Seattle: Budweiser Made In America See How Music Has Changed In The Noisy City


More recommendations

Advertisement

Comments

Sony Newsletter

Subscribe to this news alert service to receive news and reviews on Sony

Unsubscribe | Unsubscribe All