Monday, March 1, 2010

Wal-Mart buys Vudu; enters OTT delivery fray?

Wal-Mart (NYSE:WMT) has agreed to acquire over-the-top (OTT) content provider Vudu, according to a New York Times report today. Terms of the acquisition weren’t released, but the Vudu screen shot companies reportedly informed Vudu’s Hollywood studios and TV manufacturers of the deal today. The acquisition could make Wal-Mart, already a leader in DVD sales, a formidable competitor in OTT service delivery as well. more ............

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