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View Full Version : When Walmart gets in, look out


Steve
09-15-2006, 05:57 PM
Walmart is getting into the movie download business. Look out!

'Wal-Mart currently accounts for about 40 percent of all DVD sales in the United States.'

Can you believe that! It is amazing!

I sure hope they push down the price of renting movies online.

What's your view?

Wal-Mart moves on digital movie downloads (http://money.cnn.com/2006/09/15/news/companies/walmart_DVD/index.htm?postversion=2006091515) - Wal-Mart, which has been eyeing the downloadable movie waters for some time, is now preparing to dive in.

According to sources familiar with the matter, the world's largest retailer and seller of movie DVDs is accelerating its efforts to launch a digital movie service in the months ahead. The quickened pace comes after both Amazon (Charts) and Apple (Charts) this month unveiled their own movie download services.
hollywood_dvd_movie.03.jpg

Wal-Mart (Charts) currently accounts for about 40 percent of all DVD sales in the United States. By launching its own service, industry watchers say Wal-Mart can protect that DVD market dominance.

tiedeman
09-15-2006, 06:39 PM
That is amazing that they account for 40%