Wal-Mart, the country's largest retailer, is expected to announce today that it has adopted the UltraViolet cloud video platform.
Dan Rayburn, an analyst for research firm Frost & Sullivan, is reporting that Wal-Mart plans to charge between $2 and $4 to customers who want cloud access to the movies they've purchased on DVD. Customers would be required to cart their discs into Wal-Mart brick-and-mortar locations, said Rayburn, citing discussions with studio executives. Wal-Mart's cloud would be UV compatible.
The cloud is the term used to describe the process of storing digital information on a third party's … Read more