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Wal-Mart's (WMT +0.3) plan to offer a service to convert DVDs into the online access to movies...

Mar. 13, 2012 2:22 PM ETWalmart Inc. (WMT) StockWMT, NFLXBy: Clark Schultz, SA News Editor3 Comments
Wal-Mart's (WMT +0.3) plan to offer a service to convert DVDs into the online access to movies will launch April 16 in close to 3.5K stores. For $2 customers can watch a standard-definition copy of a movie, while a high-definition version will run $5. The big question for Wal-Mart and new rival Netflix (NFLX +0.1%): Will customers prefer to own digital rights to a movie for $2-$5 or stream movies for $8 a month and watch them once?

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