Wal-Mart Is Said to Be Buying Vudu Movie Service

Now here’s a pretty big deal, as Wal-Mart jumps into the streaming movie world head first by acquiring Vudu, which has recently grown by being integrated with TV sales. Not sure exactly how this affects Netflix, but you have to believe it’s got their attention.

NY Times

The retail giant has agreed to buy Vudu, a three-year-old Silicon Valley startup whose online movie service is built into an increasing number of high-definition televisions and Blu-ray players, according to two people briefed on the deal.