That followed Best Buy Co.'s launch last year of rental and purchase site CinemaNow and Wal-Mart Stores Inc.'s acquisition of streaming service Vudu last February for roughly $100 million.
The retailers say the ventures not only help them gain a foothold in the fast-growing digital entertainment business, but also give them an edge in selling Internet-connected televisions and movie players in their stores.
The retailers say the ventures not only help them gain a foothold in the fast-growing digital entertainment business, but also give them an edge in selling Internet-connected televisions and movie players in their stores.
As with some other players, online video is a means to an end.
Retailers' Video, Music Services Spin Wheels - WSJ.com (subscription required)
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