Today The Wall Street Journal reported that Comcast’s NBCUniversal is in talks to buy the streaming service Vudu from Walmart. Back in 2010 Walmart bought Vudu for $100 million and has reportedly been looking at selling the service for about a year now.
According to the report Comcast si interested in pairing the service with its FandangoNOW streaming service as it looks to compete with Amazon, iTunes, Google Play and more. Vudu has a reported install base of 100 million compared to FandangoNOW’s 30 million. Comcast buying Vudu would help them trip the size of their install base.
No word on price yet but FOX is reportedly looking to pay $500 million to buy the free streaming service Tubi. Walmart is certainly looking to get far more than the $100 million they paid for Vudu back in 2010.
For now, we will have to wait and see what happens next as the growth of cord cutting likely means more mega-mergers like this are in the works.
What do you think about Comcast buying Vudu? Leave us a comment and let us know your thoughts.
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