17 Jan Walmart abandons streaming plans, will focus on Vudu [CNBC]
By Alex Sherman
January 17, 2019 | At a time when NBC, Disney, AT&T, Viacom, Apple and others are considering subscription services for cord cutters, Walmart is abandoning its plans, according to people familiar with the matter. Instead, Walmart will focus on bolstering Vudu, the video service it acquired in 2010. The giant discount retailer opted not to move forward with a new streaming product after talks with veteran media executive Mark Greenberg fell apart last year, said the people.
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