Wal-Mart buys internet TV biz
Worldwide retail giant Wal-Mart is buying its way into the rapidly expanding sphere of on-demand, internet-based television. The Bentonville, Arkansas-based destroyer of America's small-town shopping districts has forged a "definitive agreement" to acquire Vudu, the Silicon Valley provider of IPTV hardware and services. In this …
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Outside their core competency
But how will this benefit Walmart? They might not lose money in the long run, and Vudu may indeed benefit (though it appears to be doing fine on its own) but how will this help Walmart move more merchandise? If customers get more of their movies online, that means less DVD sales. This is like EBay buying Skype. You can sort of see how it might help the business, but not really.
Names
Hulu, Vudu etc
My IPTV venture will be called Pupu.
Coat, as I'm going to the bank to get some venture capital for tomorrow's beer.
Re: Bootnote
And thus spake world+dog, the common name shalt be Wally World. "you've got to ask yourself one question: Do I feel lucky? Well, do ya, punk?" http://www.google.com/search?q=wally+world&btnI
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