Walmart Sells Its Vudu Video Streaming Service to Fandango for an Unspecified Amount [The Motley Fool]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: The Motley Fool
Walmart(NYSE:WMTComcastNASDAQ:CMCSAVudu is noted for its high-definition, top-notch streaming quality, winning it a dedicated customer base. It's currently installed on approximately 00 million devices, while its mobile app has racked up . million downloads, by Walmart's figures. It also offers a "Disc to Digital" service allowing users to upload their DVD and Blu-ray movies for easier viewing.Image source: Getty Images.Fandango currently operates FandangoNow, an online video rental and sale service. Presumably, the sale may make it easier for the purchaser to integrate Vudu into both its existing digital infrastructure and its business model. The company bought FandangoNow, then called M-GO, from Dreamworks Animation and Technicolor back in early 06.A Fandango spokesman told The Verge it made the acquisition in the hopes of taking its movie streaming services to a larger scale than FandangoNow can provide. The brand may allow it to compete directly againstAmazon.comNASDAQ:AMZNstream
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CMCSA
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- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/25/24 - Form 8-K
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- CMCSA's page on the SEC website