Walmart might be getting into the video-streaming business.
A report out Monday said Walmart is considering the launch of a subscription-based video-streaming service to compete with Netflix and Amazon Prime Video. Walmart would apparently charge less than eight dollars for the service, making it cheaper than both Netflix and Prime.
We’re talking a free, ad supported only service. Of course that’s one option. The retail giant just teamed with Microsoft to boost its digital presence and the software leader could very well partner in this effort too.
The retailer reportedly believes a cheaper service would be popular with Walmart customers in middle America. Walmart has yet to comment. It’s a wait and see…Source: Engadget