After acquiring VUDU in February 2010, Walmart has finally launched its video streaming service.
Tuesday Walmart officially entered the video streaming market by opening the doors to its long-awaited digital video service, powered by VUDU. Walmart purchased the Silicon Valley startup early last year in hopes to compete with Netflix, Amazon, Google, iTunes and other online movie rental services. Terms of the acquisition weren't provided, but the purchase was estimated to be over $100 million.
According to Walmart, customers can now shop for thousands of digital VUDU titles – including new releases – and purchase and/or rent them directly on Walmart.com at www.walmart.com/vudu. Video playback will require one of 300 VUDU-enabled devices including HDTVs, Blue-ray Disc players and the PlayStation 3 console. Consumers can also stream video to their desktop or laptop although playback quality will be locked to Standard Definition (SD).
"At Walmart, one of our key priorities is to provide a continuous channel for our customers, from our stores to our powerful e-commerce and social media platforms," said Steve Nave, SVP and general manager, Walmart.com. "With VUDU becoming increasingly popular among our customers, we’re providing them more access to enjoy this digital entertainment experience directly online at Walmart.com."
When customers shop for movies or TV episodes at Walmart.com, they now have the option to select the digital VUDU title and/or the physical title (DVD or Blu-ray Disc). Those who select the digital title complete their transaction through Walmart.com’s checkout, and then can stream the movie directly from Walmart.com, VUDU.com, or a VUDU-enabled device.
Walmart couldn't have launched its streaming service at a better time, as last week Netflix announced that it was essentially raising the price of its rental service 60-percent, splitting video streaming and DVD rentals into two separate plans of $7.99 each. Long-standing customers lashed out at the company, many of which threatened to -- or actually followed through with -- canceling their account.
But unlike Netflix, Walmart won't offer monthly plans. Twenty-four hour rentals will span in price from $0.99 to $5.99, depending on the quality and current promotion. As an example, Battle: Los Angeles costs $3.99 to rent the SD version, $4.99 for the HD version (720p), and $5.99 for the HDX version (1080p). Digital movie purchases typically cost up to $14.99 for standard versions. All digital rental versions become available the same day DVD versions are released. Some titles are even $2 for two nights.
"This integration allows us to introduce more Walmart.com customers to digital entertainment and give them access to thousands of new release and popular movie titles immediately through VUDU’s high-quality streaming service," said Edward Lichty, general manager, VUDU. "By incorporating digital movie content into the Walmart.com entertainment shopping experience, we’re enabling customers to easily choose how they want to enjoy their entertainment content – whether that be through a physical DVD, digital streaming or both."
VUDU offers 20,000 titles spanning across the theater and TV including Rango, Tron Legacy, Walking Dead, House, Being Human and loads more.
Who would pay $6 to watch a movie the day it comes out, when they can pay $10 and buy the DVD, or 10$/ month and just copy the DVD when it arrives via netflix? The only people that would want a pay as you go plan, are those that watch one movie a month. Everyone else will use Hulu or Netflix. epic fail, just like google movies
All newcomers start out by offering seemingly low prices. That is until they get too many customers and have to raise prices to "handle the demand". Netflix, case in point.
Studios want top dollar for titles like Beverly Hills Cop despite having loooong since made their money; they saw netflix making some money, and suddenly realized they could demand whatever price they wanted, leaving netflix no option but to increase prices and pay what the studios wanted, or offer less streaming content, both options lose customers.
Blockbuster is sending out the "tired of seeing red" emails, but i just cant imagine how any company can compete with even netflix's increased prices, for an extened period of time. Once a studio get $1.00 per stream(arbitrary number for example) they arent gonna charge the next guy $0.75; more than likely they will push for $1.25.
That being said, i am too lazy for the netflix rentals anyway, i only subscribe to the streaming service, and im still pretty happy with the price/convenience ratio.
For the price of renting the above exampled Battle for Los Angelos twice, you can pay for one month of netflix's streaming service which has the aforementioned movie and many many others; how do you market this service? Seems like a money pit for walmart, but i guess they can afford it.
Who would pay $6 to watch a movie the day it comes out, when they can pay $10 and buy the DVD, or 10$/ month and just copy the DVD when it arrives via netflix? The only people that would want a pay as you go plan, are those that watch one movie a month. Everyone else will use Hulu or Netflix. epic fail, just like google movies
there just over 9000..... not really that many.
I just want a service that can compete with torrents for convenience at a reasonable price. I'd probably pay up to $50/month for a service that will allow me to stream any movie or tv show as soon as it comes out and with high quality video/audio. My digital cable costs more than that now and it only does TV.
http://boingboing.net/2008/09/26/walmart-shutting-dow.html
Even with the reccent netflix price hike this right here spells FAIL!
i'm a netflix customer and ahve been for a year and a half now, sure i'm a bit miffed about the price hike, . but i hope netflix might actually deliever on thier promis of more streaming content , even with the status quo many of net flix streaming movies are in HD (some in 720p flavor and i've seen a few that i swear had to be 1080p ) . if walmart's service is locked to SD then they can kiis any chance of competeing with netflix out the window.
Further more i personally hate walmart the reasons listed below.
1. they destroy small buisness in every place they pop up
2. they force thier political and moral slants on consumers by - A) censoring music for profanity or political content (they did this with mega deth) . B) not carrying products they deem "profane" even though in some cases they wil carry acompetitors product that does the same thing ( example FHM magazine they dropped , while continuing to carry BMM magazine which is the same thing as FHM but geared towards african american men). C) they support right wing political groups
3. they fight Unions and BS thier employees about the turth of unionization
4. they are ruining our economy (see # 1)
5. they treat thier workers like s--- .