Posted by Barry Silverstein on March 14, 2012 10:16 AM
Walmart continues to be the low-price leader in the minds of consumers, and it aims to stay that way. As it promotes such tech innovations as UltraViolet, its new digital entertainment offering with VUDU, the retail giant is reportedly pushing suppliers to its grocery operations to cut prices so that Walmart stores can feature lower prices on a permanent basis instead of the previous promotional strategy of price "rollbacks."
Walmart is the largest seller of groceries in the U.S., so when it talks, suppliers listen. As Walmart CFO Charles Holley told reporters in February, "We want to work with vendors on that to see if we can take a price lower and leave it there permanently. The price image for a customer is very important."Continue reading...
Posted by Barry Silverstein on July 20, 2010 02:00 PM
In a rapidly changing entertainment world that increasingly is turning to online digital delivery, Hollywood doesn't want to be skipped or edited out. Hollywood studios have been watching their DVD sales vanish as consumers continue to move to downloadable and streamed media.
That's why an impressive list of 58 entertainment industry players including studios such as Lionsgate, Paramount, Warner Brothers and Universal, multiplatform distributors (such as Comcast and Cox) and tech companies (Cicsco, Intel, HP, Microsoft, Sony, Samsung) have formed the Digital Entertainment Content Ecosystem.
What's DECE? A fancy way of saying competitors are working together to find common digital ground. Their first salvo in the battle against the Web: a new standard for online streaming, which they're calling UltraViolet.Continue reading...