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


More news

Related news

Write a comment

8 user comments

111.6.2003 20:10

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

212.6.2003 7:31

if walmart dont have it, you dont need it

312.6.2003 8:41

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 6:23

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.


Don't ask a question that has been asked a million times already don't be lazy all the info you need is here: http://www.afterdawn.com/articles/

Pioneer DVD-+RW DL
Xbox and 360
PS2- DMS3
Over 250 Movies so far to know what I got PM me.
Dish Network Fully Open

626.6.2003 6:29

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


Don't ask a question that has been asked a million times already don't be lazy all the info you need is here: http://www.afterdawn.com/articles/

Pioneer DVD-+RW DL
Xbox and 360
PS2- DMS3
Over 250 Movies so far to know what I got PM me.
Dish Network Fully Open

726.6.2003 7:16
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=)

Comment this article

If you do not have an AfterDawn.com account yet, please enter your nickname and email address below. An activation link will be emailed to you.

If you already have an AfterDawn.com account, please login using the next tab.

Login by using your Afterdawn.com -username or your email address.

Bold Italics Red color Quote Code Add image Add URL




News archive

Subscribe to AfterDawn's weekly newsletter.