Is Walmart prepping a streaming-video rival to Netflix and Amazon?


The Vudu Inc. application is displayed on an Apple Inc. iPhone in Washington, D.C., U.S., on Tuesday, March 27, 2018. Walmart Inc. has a vast arsenal at its disposal in its battle with Amazon.com Inc. -- stores, trucks, warehouses, even cloud-based data centers and a blockchain-enabled supply chain of fruits and vegetables. But there's one weapon it hasn't deployed: Vudu, the video-on-demand service it bought eight years ago. Photographer: Andrew Harrer/Bloomberg

LOS ANGELES: Retailing giant Walmart is mulling a move into the subscription VOD business – to take on the likes of Netflix and Amazon Prime Video, according to a published report. 

According to a report by The Information, citing anonymous sources, Walmart is contemplating introducing a streaming-video product with price point of US$8 (RM32) per month as well as launching a free, ad-supported video service. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

EU to probe Meta over handling of Russian disinformation, FT reports
US man charged with sex-related crimes, used Instagram to lure teens
Apple's iPadOS subject to tough EU tech rules, EU says
TikTok creators fear economic blow of US ban
OpenAI to use FT content for training AI models in latest media tie-up
ChatGPT faces Austria complaint for ‘uncorrectable errors’
Social media platform X back up after outages, Downdetector shows
Sleeping Amazon driver’s fatal crash into teacher was preventable, US lawsuit says
Elon Musk’s China trip pays off with key self-driving hurdles cleared
Microsoft CEO to meet Indonesian president during regional tour

Others Also Read