home.aspx
 
. home.aspx

NEWS

home.aspx
   


Is Walmart Prepping a Streaming-Video Rival to Netflix and Amazon?

July 17, 2018 / JEFF GRUBB

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 $8 per month as well as launching a free, ad-supported video service.Execs for Walmart see an opportunity to undercut Netflix and Amazon Prime Video with the $8 price point, according to The Information. (Netflix’s standard HD plan is currently $10.99 monthly.) But the report had no details on what kind of TV shows, movies or other programming might be available in a Walmart SVOD service.