Walmart's VUDU video on demand purchase a big win for consumers

This week Walmart made news by purchasing VUDU, a video on demand service that allows users to rent and purchase more than 16,000 movies through an Internet connected Blu-Ray player or Web enabled HDTV.

The purchase is a win for Walmart, which needs to compensate for falling DVD sales, but an even bigger win for consumers who will benefit from Walmart's vested interest in the success of streaming video services.

Thanks to this purchase it is very likely that consumers will see cheaper Web enabled HDTVs and Blu-Ray players at Walmart and if we are lucky, gain a powerful player to put a stop to the 28-day rental delay that Netflix and RedBox face.