Walmart becomes third-largest online film provider

Walmart has landed among the biggest online film providers in the USA, snatching the number three spot from Sony during the first half of the year, the Financial Times reported citing data by IHS Screen Digest. Part of Walmart's success is down to the problems Sony experienced earlier in the year, when its PlayStation network fell victim to hackers. However, the retail giant has also turned into an aggressive digital player in a bid to counter the steady decline in DVD sales. In 2010, Walmart acquired digital film store Vudu and has been building its market share through price discounts. IHS Screen Digest puts Vudu's first-half market share at 5.3%, a substantial improvement on its 1% in the comparable 2010 period. Microsoft, which operates the Zune Video Marketplace, came second with 16.2% against 18.5% last year. Apple continues to dominate the online film market by a very wide margin. Its iTunes store lifted its share in the first half to 65.8% from 64.9%.
 

 

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Octava -4K UHD Video Over LAN Matrix Switch. Video Wall Processor

Octava -4K UHD Video Over LAN Matrix Switch. Video Wall Processor

The Octava PRO DSX is a simple to use, powerful video distribution solution designed to deliver HD video including 4k UHD from multiple sources to multiple displays. The PRO DSX also functions as a Video Wall processor to create n x m video walls. The PRO DSX delivers HD video over standard CATx LAN cables allowing for simple integration in virtually any infrastructure. The PRO DSX was specifically designed for ease of use for residential installations and engineered for scalability to accommodate large video distribution systems such as education, corporate , and hospitality applications. Easy to configure and customize for your video system - Build virtually any size video matrix switch system. The Pro DSX is a scalable platform enabling easy system growth. Simply add PRO DSX TX for each video sources required and a PRO DSX-RX per display. Video Wall Support- The PRO DSX features a built-in video wall processor that enables you to create custom video walls.