Loss-making DVD rental chain Blockbuster filed for Chapter 11 bankruptcy protection in the US today, after being hammered by mail-order and online film rental services. But the 25-year-old company…
Walmart enters web movies, buys VUDU, to compete with Netflix
February 23, 2010 By 1 Comment
Wal-Mart Stores Inc will buy the fledgling Vudu online movie on-demand service, in a deal expected to close within weeks and pit the world’s largest retailer against the likes of Netflix Inc. Wal-Mart hopes to combine Vudu’s technology with its own scale and expertise to get into a burgeoning market staked out by Netflix and [...]





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