AfterDawn: Tech news

Wal-Mart cuts DVD rental prices

Written by Jari Ketola @ 11 Jun 2003 9:44 User comments (8)

Wal-Mart Stores Inc. on Tuesday announced it will be cutting prices on their DVD rental service. The new price for two DVD rentals at a time is $15.54 per month (down 18% from $18.86/m). The fees for three and four DVDs at a time are $18.78/month and $21.94/month respectively.
With the new pricing Wal-Mart might turn out to be a noteworthy competitor to on-line DVD renter Netflix, even though Netflix currently holds a 95 percent share of the market. With stores practically everywhere, Wal-Mart can promote the rental service in volume and gain market share with competitive prices.

Source:
Reuters

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8 user comments

111.6.2003 20:10
davidrose
Inactive

I'd like Walmart to take over the whole darn world alread.

212.6.2003 07:31

if walmart dont have it, you dont need it

312.6.2003 08:41

Wal-Mart could probably offer this service for FREE and still make money. If they get you go to into their store every couple of days to return/get a video, you're going to buy other stuff, too. I use and love Netflix. I don't have to worry about GOING anywhere to get or return a video. If Wal-Mart were to combine both MAIL and IN-STORE services, that would be FANTASTIC. I.e. I could get a video in the mail, but return it at the store, or get one at the store, and drop it in the mail when I'm done. I like Wal-Mart, but wouldn't relish the thought of going there every few days. It's just a plain hassle. Once or twice a month is enough for me. - Bob

413.6.2003 15:00

I hear that Blockbuster is planning on releasing a program just like the one you want BObL. From what I hear its going to be released at the end of the summer.

526.6.2003 06:23

They can't patent a process can they, if thats the case then I am going to patent wiping your ass from front to back. So I at least get a nickel every time someone does it.

626.6.2003 06:29

Hey walmart does have a mail service. I am a member of netflix. I pay like 34$ for 5 movies at time. Walmart offers 4 movies for 21.99$ Guess whos cancelling their netflix subscription. Plus Walmart has a 30 dya trial. Stupid Netflix is only 10 days. Also I have had problems with those bastards at netflix. you send 5 movies back they only get 4 and you have to wait a bunch of days till they tell you they finally received it and will send you your next movie. Screw Netflix

726.6.2003 07:16
ballen1
Inactive

ya f--ck netflix, i was once a member but canceld caused i had like half of my rental queue showed "very long wait", or "short wait" they probably got so many subscribers and like only 2 copies of new releases. they suck!!!!!!!

817.10.2006 15:37

netflix will never be beat they like microsoft of the mail dvd rentals,happy customer=)

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