Business Services Industry
Retailer reels out internet film service.
Australasian Business Intelligence, February, 2007
Byline: Matthew Garrahan
Feb 07, 2007 (The Australian - ABIX via COMTEX) -- US retailer Wal-Mart has launched a downloadable digital film service. The service, which provides access to over 3,000 film titles, may challenge the predominance of Apple's iTunes in the sector. Wal-Mart's service is backed by Warner Bros, Walt Disney, Paramount, Sony, 20th Century Fox and Universal in an effort to alleviate pressure on the decreasing growth of the DVD market. Due to fears of alienating DVD retailers, only Paramount and Disney have made titles available through iTunes.
Publication Date: 8 February 2007
WAL-MART STORES INCORPORATED
APPLE COMPUTER INCORPORATED
WARNER BROS
WALT DISNEY COMPANY
PARAMOUNT PICTURES CORPORATION...
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