NEW YORK (AP) - Wal-Mart Stores Inc. is now renting and
streaming movies online, many the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming
website Netflix Inc.'s business.
The world's largest retailer bought video-streaming service
Vudu.com 18 months ago and Tuesday started offering 20,000 titles
that can be viewed on almost any device with Internet access, from
PCs to televisions to Sony's PlayStation3 and other Blu-Ray disc
Movies are available at Walmart.com to rent for $1 to $5.99 or
to purchase for $4.99 and up.
Wal-Mart, based in Bentonville, Ark., has tested the
movie-rental waters before. It previously offered a DVD-by-mail
service but it stopped that service in February 2010.
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