Thursday, August 31, 2006

iPodNN | Wal-Mart, Apple spar for movie sales:

Wal-Mart is displeased with the prospect of Apple taking a bite out of its movie sale business, reports BusinessWeek. The report says that Apple will launch the 'iTunes Movie Store' as soon as mid-September along with a new iPod. Wal-Mart has reportedly become so concerned for its business that it has threatened not to sell DVDs from companies which agree to sell on iTunes. The prospect of Wal-Mart not selling DVDs for Hollywood executives is a terrifying thought -- currently Wal-Mart accounts for 40 percent of DVD sales, about 17 billion dollars of the market. Earlier this year, Wal-Mart played out this move by initially refusing to sell Disney's "High School Musical" after it popped up on iTunes prior to Wal-Mart getting a chance to sell it.