Walmart.com to Launch Digital Movie Downloads

Saw this in today’s WSJ. The print version. The article is not part of the free WSJ site.

Th article (Big DVD Retailer Target Warns Studios Over Download Pricing) starts on the cover page. It discusses Target Corp. being unhappy with Amazon.com & Apple getting movies for lower prices and thereby selling the movie downloads to consumers at lower prices.

BTW, did you know that Target Corp. accounts for 15% of DVD sales for major US films? Walmart does 40% of total DVD/movie sales!

Anyways, here is the quote: Studios have reminded Walmart that it stands to benefit from online movie distribution considerable from rising sales of video iPods and other similar portable video players in its stores. And Wal-Mart is planning its own digital movie store, which it will likely roll out in coming weeks, people familiar with the situation say.

Can anyone say “Netflix, please come bail us out again?”

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3 Responses to “Walmart.com to Launch Digital Movie Downloads”

  1. Anonymous Says:

    Walmart.com to Launch Digital Movie Downloads…

    According to “those familiar”, Walmart.com will soon be rolling out a movie download service that will compete with Amazon & Apple….

  2. Leslo Lazard Says:

    If the movies are first run, currently playing, $3.95 would be the ceiling I would pay. There are stadium type theaters that run movies that just ran in the cinema houses for $2.00.

    They have to be cheap if they expect to get someone to pay for them.

    Who goes to the cinema at $10.00/$11.50 a ticket for inferior stuff? The movies are for teens to kiss and hold hands not watch bogus movies that are basically, from an artistic perspective lousy.

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