You know when a movie is considered a bit of a turkey, it goes straight to DVD. Well how about straight to the internet! In fact the new move by Hulu cuts out cinemas, dvd, tv. The lot and sends the movie straight to the internet.
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Sony have struck a deal to show movie rentals on it’s new range of Internet connected television sets and Blu-ray players. The deal with UK based movie rental outfit, Lovefilm, allows the company to stream movies on a pay to view basis across the Bravia range.
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Walmarts purchase of Vudu has got people asking “why is a major retailer dabbling in online tv and video?”. After all, it is still a fact that US consumers still prefer to spend their time watching traditional tv rather than browsing around the internet watching tv online. Walmart have entered the internet movie market because they can see its the future, whilst traditional DVD sales are dwindling. When everyone is watching online tv, Walmart wants to be a big player.
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Currently competing with a number of pay tv services including Netflix, Blockbuster, Amazon and Apple iTunes. Vudu was looking ripe to be swallowed up by a bigger company, just to stay competitive with the big boys who are taking this market seriously now.
By purchasing VUDU, Wal-Mart will get a company that has top quality streaming technology able to stream movies in 1080p HD. It is expected that pretty soon VUDU’s competitors will offer the same. VUDU also has licensing agreements with most movie studios and carries a catalogue of around 16000 movies.
Wal-Mart is already a world leader in retailing DVDs and has seen the shift away from discs and into downloading. Not having a service in this area is a big problem if you want to remain top dog. The deal will also help sales of Internet connected televisions and disc players making Wal-Mart a major player in the streaming online movie market.
One thing is for sure, the move by Wal-Mart into online movies gives a glaring indication in how big the video streaming market will become.
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This entry was postedon Tuesday, February 23rd, 2010 at 4:58 amand is filed under Full Episodes, IPTV, Internet TV Websites, Internet TV news.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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