Netflix and Wal-Mart join forces on DVDs

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Netflix and Wal-Mart join forces on DVDs

Mail-order DVD rental pioneer Netflix has seen competition spike since launching its business. Over the past couple of years, Blockbuster, Wal-Mart, and Amazon have all decided to take Netflix on for a cut of the growing mail-order market.

Netflix scored a victory today, as it announced the formation of a partnership with Wal-Mart. Under terms of the deal, Netflix will promote DVD sales via Wal-Mart’s stores and web sites, while Wal-Mart will exit the DVD rental market with Netflix taking over its subscribers.

Read the complete story. (Ars Technica)