GO
Loading...

Enter multiple symbols separated by commas

Wal-Mart Tests New Video-Download Service

Wal-Mart Stores on Tuesday introduced a test version of its new video download service, making it the first major retailer to offer such a service with the backing of all of Hollywood's big studios.

The service, available on Wal-Mart's Web site, lets users download movies or television episodes that they can watch on their computers or portable media players, pitting the No. 1
retailer against Apple's iTunes service.

Wal-Mart said the download service includes more than 3,000 titles from movie studios like 20th Century Fox, Disney, Lions Gate, MGM, MTV Networks, Paramount Pictures, SonyPictures Entertainment, Universal Studios Home Entertainment and Warner Bros. and television networks including Comedy Central, Fox, and Nickelodeon.

The downloads are priced from $1.96 for episodes of television shows to up to $19.88 for new movies.

Retailers have been exploring ways to capitalize on the emerging market for downloading movies and TV shows from the Web. Last year, Wal-Mart announced a test of a service offering consumers who bought a physical DVD the option to download the film for an additional fee.

Wal-Mart said in the service being introduced on Tuesday, movie releases will be available for video download the same day the DVD is released.

The retailer said the service is powered by technology from Hewlett-Packard.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video

  • Hero miles for military members: Real estate magnate's plea

    Chairman of the Fisher House Foundation, Ken Fisher, discusses the Hero Miles program with CNBC's Dina Gusovsky. During Military Appreciation Month, Fisher is asking every traveler to donate 1,000 of their miles to replenish the Hero Miles programs that is in danger of running out.

  • Cramer shuts down this market's haters

    "Mad Money" host Jim Cramer on why this market can't stop, won't stop.

  • From the battlefield to the boardroom

    Your Grateful Nation is dedicated to helping Special Forces veterans enter the corporate world and Knot Standard provides complimentary suits to vets. Mad Money's Jim Cramer spoke with Rob Clapper, Your Grateful executive director; John Ballay, Knot Standard co-founder and president; Tej Gill, retired U.S. Navy Seal; and Darren McB, active duty U.S. Navy Seal.