Wal-Mart VUDU

Wal-Mart VUDU

It looks like Wal-Mart may bring some of its retail magic to the online video streaming. The big-box behemoth will buy VUDU, an on-demand video service that sells and rents movies and TV shows over the Internet. The deal is expected to close within the next few weeks.

Good Voodoo

Haven’t heard of VUDU? It’s one of several online movie services competing for what’s bound to be a very competitive market in the coming years, particularly as home broadband speeds increase. With the FCC intent on seeing 100-megabit connections in 100 million U.S. homes, more consumers will likely stream movies online rather than trekking down to Blockbuster or waiting for Netflix discs to arrive.

Read more:
Online Video Streaming : Why Wal-Mart Wants VUDU

View full post on Asia News .Com.Pk