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Walmart reportedly ditches planned streaming service to focus on Vudu

AJ Dellinger
Walmart reportedly ditches planned streaming service to focus on Vudu

Walmart has abandoned its plans to launch a new streaming video service, according to a report from CNBC. Instead of throwing resources behind a new product, the company will instead focus its attention on expanding its existing video platform Vudu. Rumors of Walmart getting into the streaming business started last year when the retail giant had its eyes on competing with Netflix and Amazon Prime Video.