TITLE

Wal-Mart Punches Movie Ticket

AUTHOR(S)
Spangler, Todd
PUB. DATE
March 2010
SOURCE
Multichannel News;3/1/2010, Vol. 31 Issue 9, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of the broadband video provider Vudu Inc. by Wal-Mart Stores Inc. in the U.S. It is stated that the acquisition would put the retail giant into the market for delivering paid content over the Internet. According to Parks Associates analyst Kurt Scherf, as DVD sales decline, Vudu represents a bridge into digital content distribution. It also mentions the license agreements of Vudu with motion picture studios.
ACCESSION #
48436871

 

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