New York Times is reporting that Walmart has secured a deal with several film studios to offer movie downloads. Walmart is the first retailer to start such a service. Interesting as I do believe this will be the next big thing for the entertainment industry.
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Wal-Mart Stores may have lost the online DVD rental battle, but it has no plans to lose the higher-stakes video downloading war.
Wal-Mart’s video download site will offer movies and television shows. The new service enters a field already crowded with competitors.
Today the company will introduce a partnership with all of the six major Hollywood studios — Walt Disney, Warner Brothers, Paramount, Sony, 20th Century Fox and Universal — to sell digital movies and television shows on its Web site..."
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