Wednesday, June 18, 2003

Wal-Mart poised to dominate online DVD rental space

This does not look good for Netflix, which is too bad. They have been a great service.

Excite News

After a seven-month trial, Wal-Mart Stores Inc. has begun full-scale operations in its online DVD rental business, hoping to catch up with market leader Netflix Inc. (NFLX)

Customers order the movies online. Wal-Mart sends them from six distribution points, reaching 90 percent of the nation within two days, the company says.

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