Walmart is reportedly working on its own streaming service to challenge Netflix and Amazon, and it might cost less than $8 a month
- According to The Information, Walmart is considering a streaming service of its own, which could cost less than $8 per month.
- An $8-a-month subscription plan would be lower than the current price of Netflix and Amazon.
- It could be a sign that the retail giant wants to take on the popular streaming services.
Walmart might be taking on some of the biggest names in video streaming with a service of its own - and its price might be lower than Netflix or Amazon.
According to The Information, Walmart is considering jumping into the streaming world. In addition to the paid subscription, which sources claim will be less than $8 per month, the company is also reportedly considering a free version of the streaming service that would include ads.
It's possible Walmart could roll out this streaming service through its Vudu subsidiary, which the company purchased in 2010. Vudu lets you stream full-length movies, and is available on most set-top devices and game consoles, including Roku devices, the Apple TV, smartphones, PlayStation 4, Xbox One, and the iPad.
Walmart hasn't officially commented on the matter.