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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.”

Read the full story on Multichannel News.

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