makeusleep
01-06-08, 07:51 PM
It looks like it was a very good Christmas for Blu-Ray. Not only have they won the format war becoming the next generation optical format standard. It also looks like a future wannabe competitor is throwing in the towel after less than 1 year of a failed business model. Expect similar in the future.
"Wal-Mart Stores Inc (NYSE:WMT - News) quietly canceled 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 (NYSE:HPQ - News) discontinued the technology that powered it, Walmart.com 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."
http://biz.yahoo.com/rb/071227/walmart_downloads.html
"Wal-Mart Stores Inc (NYSE:WMT - News) quietly canceled 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 (NYSE:HPQ - News) discontinued the technology that powered it, Walmart.com 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."
http://biz.yahoo.com/rb/071227/walmart_downloads.html