Wal-Mart To Offer Online Rentals?

February 24th, 2010

When they start offering the purchase of groceries and weight loss products from my TV, then I’ll be convinced that Wal-Mart will be around (online) for a while.

Wal-Mart Stores is taking another swing at the online movie business with the acquisition of Vudu.

The retail giant announced the deal on Monday following widespread speculation that an acquisition would be coming soon. Financial terms were not disclosed.

Vudu has developed software that is built into TVs and Blu-ray players and lets users rent or buy high-definition movies and TV programs over the Internet for instant viewing. It aims to make the process easy because users don’t have to connect their TV to a computer to browse for and buy movies.

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