Friday, December 28, 2007

Wal-Mart cancels movie download service

From The Globe & Mail - Wal-Mart Stores Inc. quietly cancelled its online video download service less than a year after the site went live, a company spokeswoman said on Thursday.

Wal-Mart shut down the download site after Hewlett Packard Co. discontinued the technology that powered it, spokeswoman Amy Colella said in an e-mail. She added that it will not look for another technology partner.

HP spokesman Hector Marinez said the company decided to discontinue its video download-only merchant store services because the market for paid video downloads did not perform “as expected.” He noted that the Internet video business remains uncertain and is changing rapidly. | Read full article

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