Wal-Mart looking at net video do-over
FROM MULTICHANNEL NEWS: Retailer looks at DRM needed to relaunch
By Todd Spangler of Multichannel News -- Video Business, 1/14/2008
JAN. 14 | FROM MULTICHANNEL NEWS: Wal-Mart Stores, after shuttering its initial paid video-download service in December after less than a year in business, appears to be actively looking to restart a similar service on its own.
The activity comes less than a month after the world’s largest retailer decided to close its Wal-Mart Video Downloads service after technology services it had contracted for with the large computing firm Hewlett-Packard Co. were discontinued, Walmart.com director of corporate communications Amy Colella said.
In a statement, HP said it discontinued its video-download services because “the market for paid video downloads has not performed as expected, and the broader internet video space continues to remain highly dynamic and uncertain.”
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