0
Broadband

Walmart lets go of plans to start low-cost video streaming service - report

Friday 18 January 2019 | 09:36 CET | News
US-based retailer Walmart has let go of its plans to launch a low-cost video streaming service, and will instead focus on its existing video-on-demand service Vudu, CNBC reported, citing sources familiar with the matter. Reports came out this summer that Walmart was mulling the launch of a subscription streaming video service, with the aim of undercutting Netflix and Amazon on price. The company decided however not to go forward with its plans when talks last year fell through with Mark Greenberg, the CEO of Epix at the time. Greenberg had been interested in developing a service aimed at

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Epix / Vudu
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Kumar to join Walmart in CTO, chief development officer role

Published 29 May 2019 11:43 CET | United States
Walmart appointed Suresh Kumar to a new elevated CTO and chief development officer role reporting directly to president and CEO ...

Walmart may launch low-cost video streaming service - report

Published 18 Jul 2018 16:15 CET | United States
US-based retailer Walmart is considering launching a subscription streaming video service, people familiar with the situation ...





Calendar   /   Industry Events

22 Oct DNA Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Calix Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Telenor Q3 2019
23 Oct Orange Belgium Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Millicom Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Comcast Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Netia Q3 2019
24 Oct Nokia Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
24 Oct Televisa Q3 2019
25 Oct Doro Q3 2019
25 Oct Megacable Q3 2019
25 Oct KPN Q3 2019
25 Oct Proximus Q3 2019
25 Oct Shaw Communications fiscal Q4
::: More Calendar Items