GENERAL MERCHANDISE NEWS
Wal-Mart abandons movie download service
31 December, 2007 | by Retail Bulletin
U.S retailer Wal-Mart has abandoned its movie download service, less than twelve months after its digital download store was unveiled.
The store, in direct competition with Apple’s iTunes, offered 3,000 different movies.
Wal-Mart said the decision had been forced by Hewlett-Packard withdrawing the software running the site. Hewlett-Packard confirmed it had scrapped the project. “The market for paid video downloads has not performed as expected, and the broader internet video space continues to remain highly dynamic and uncertain,” the company said.