×
You will be redirected back to your article in seconds

Walmart Brushes Off Reports of Streaming Development Halt

Walmart isn’t ruling out options for a potential streaming video service, a company spokesperson says.

Responding to a CNBC report that the mega-retailer had decided not to launch its own streaming entertainment service after all, Walmart would not confirm that there was any halt in development of such a platform, and did not have anything definitive to share about the months-long speculation swirling around the potential service.

Instead, it remains focused on its Vudu platform, which was acquired in 2010 and offers subscription-free video on demand.

“Certainly Vudu is a focus for us and it has been for a while,” Walmart spokesperson Tara House told Variety. “To say that we aren’t thinking about different ideas often would be false. But we don’t have anything to announce or further discuss when it comes to any kind of a streaming video agreement or alignment.”

Sources told Variety last July that Vudu was planning to launch a low-cost subscription video-on-demand package in the fourth quarter of 2018, though Vudu had declined to comment. As of now, Vudu does not offer a paid subscription streaming service.

Lest it seem strange that the nation’s largest retailer was reportedly developing a streaming video platform from scratch, membership warehouse retailer Costco was also said to be mulling offering its own free streaming video service to “executive”-level members, according to The Information in October.

And Walmart has already struck a deal with MGM to create original series based on existing MGM IP. Scott Blanksteen, Vudu’s VP of product and ad-supported video on demand, told Variety in early October that it would be a “a great source of family-friendly, advertiser-friendly content – which won’t be viewable anywhere else.”

Expect the first MGM-Vudu short-form original series in the first quarter of this year, via Vudu’s Movies On Us, a free service that offers movies and TV with limited commercials.

More TV

  • Mandy Moore

    Mandy Moore Opens Up About Her Marriage to Ryan Adams: ‘I Was So Sad’

    Mandy Moore opened up about her marriage to Ryan Adams on Monday’s episode of Marc Maron’s “WTF” podcast. While the interview was taped before the publication of the Feb. 13 New York Times report in which multiple women, including Moore, accuse Adams of sexual misconduct or emotionally abusive behavior, she speaks freely about the “unhealthy dynamic” in [...]

  • Lisa Borders Time's Up

    Time's Up President Lisa Borders Resigns

    Lisa Borders has resigned as president of Time’s Up, she and the organization announced on Monday. Borders is resigning due to family issues, she said in a statement. Time’s Up COO Rebecca Goldman will now serve as interim CEO. “As Time’s Up continues to grow, I am proud of the work I have done to [...]

  • Alfonso Cuaron71st Annual Writers Guild Awards,

    Alfonso Cuarón on Academy's 'Inevitable' Reversal on Televised Oscar Categories

    Alfonso Cuarón isn’t exactly surprised that the Academy reversed its decision and will now air all the Oscar categories during the live show on Sunday. Feb. 24. Calling the decision “inevitable,”Cuarón tells Variety that he thinks the Academy should take things even further. “Let’s stop calling them technical categories!” he told Variety on Sunday night [...]

  • Desus Nice The Kid Mero

    TV Shows to Watch the Week of Feb. 18, 2019: Academy Awards, 'Desus & Mero'

    Welcome back to Tune In: our weekly newsletter offering a guide to the best of the week’s TV. Each week, Variety’s TV team combs through the week’s schedule, selecting our picks of what to watch and when/how to watch them. This week, the Academy Awards air and Desus & Mero make their debut on Showtime. [...]

  • WARNING: Embargoed for publication until 00:00:01

    BBC Takes Stake in New Company Set Up by ‘Luther,’ ‘Bodyguard’ Exec

    BBC Studios has taken a minority stake in Firebird Pictures, the new drama indie being set up by BBC execs Elizabeth Kilgarriff and Craig Holleworth. Kilgarriff’s credits include “Luther,” “Poldark,” “McMafia” and upcoming Richard Gere-starrer “MotherFatherSon.” She commissioned breakout drama hit “Bodyguard.” Holleworth will be the new company’s COO, having run business and operations for [...]

  • Punisher Jessica Jones

    Marvel's 'The Punisher,' 'Jessica Jones' Canceled at Netflix

    The last of Netflix’s Marvel shows are officially ending. “The Punisher” has been canceled after its second season, and the upcoming third season of “Jessica Jones” will be its last, Netflix confirmed on Monday. The announcement comes after Netflix gave the ax to its other Marvel series: “Daredevil,” “Iron First,” and “Luke Cage.” “Marvel’s ‘The Punisher’ will [...]

  • SND Boards Comedy Series 'Family Shake'

    SND Boards Comedy Series 'Family Shake' With 'Desperate Parents' Producer

    SND, the commercial arm of the French TV network M6, has acquired worldwide distribution rights to “Family Shake,” a comedy series written by Baya Kasmi and Michel Leclerc. SND is the latest vertically integrated French film group to start handling live-action series, following TF1 Studio, Studiocanal and Gaumont, among others. Produced by Gaëlle Cholet at [...]

More From Our Brands

Access exclusive content