Wal-Mart Buys Movie Company Vudu

What a smart move! I was just talking about this with one of my coaching clients last night about how the next big “thing” would be streaming movies right to your TV. And here we find out today that Wal-Mart has struck a deal to buy Vudu Inc., which provides online movie-streaming services.

The low-down on Vudu is it has licensing agreements with almost every major Hollywood studio as well as independents to offer approximately 16,000 movies for either renting or purchase via digital networks like TV streaming. Combining Vudu’s unique digital technology and service with Wal-Mart’s retail expertise and scale will provide customers with unprecedented access to home-entertainment options as they migrate to a digital environment.

Again pure Genius WMT!

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