LOS ANGELES (Reuters) – Wal-Mart Stores Inc quietly canceled its online video download service on 12/21 less than a year after the site went live, a company spokeswoman said on Thursday.
Wal-Mart shut down the download site after Hewlett Packard Co discontinued the technology that powered it, Walmart.com spokeswoman Amy Colella said in an e-mail. She added that it will not look for another technology partner.
HP spokesman Hector Marinez said the company decided to discontinue its video download-only merchant store services because the market for paid video downloads did not perform “as expected.” He noted that the Internet video business remains uncertain and is changing rapidly.
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