Tag Archive: Mart

Remember back in 2005 when mega-retailer Wal-Mart abruptly left the DVD rental business and signed a deal with then-nascent Netflix to handle DVD rentals on its behalf? Turns out not everyone considers the deal to be water under the bridge. A new series of lawsuits are emerging, targeting both Wal-Mart and Netflix, alleging that the two companies negotiated Wal-Mart’s exit from the DVD rental business in a way that led to both companies benefitting illegally.

Mega-retailer Wal-Mart may be putting one of the final nails in the coffin of Toshiba’s HD DVD high-definition disc format by announcing it will exclusively support the Blu-ray disc format and compatible hardware. Wal-Mart will phase HD DVD discs and products out of its stores by June 2008.

“We’ve listened to our customers, who are showing a clear preference toward Blu-ray products and movies with their purchases,” said Wal-Mart senior VP Gary Severson, in a statement. “With the customers best interest in all we do, we wanted to share our decision and timeline with them as soon as possible, knowing it will help simplify their purchase decision, increase selection, and increase adoption long term.”  Read more...