Wal-Mart Jumps Into Online Video with Vudu


Retail giant Wal-Mart (WMT), long a dominating brick-and-mortar force in American business, is wading into the digital content melee by snapping up web-video startup Vudu, the company said Monday. The purchase for a reported $100 million or so is the latest evidence that the still-nascent market for on-demand video is starting to heat up -- and powerful traditional retailers are starting to take notice.