It's Rumor Time: Is Walmart planning to make its own Netflix competitor?
Today in terrible ideas, a site called The Information (via Variety) is claiming that Walmart is developing its very own subscription-based streaming service like Netflix. The Information’s anonymous sources say that Walmart is considering launching this thing at $8 per month, with an additional ad-supported model that would be available for free. Supposedly, Walmart believes that Netflix and Amazon Prime are more popular “with people on the East and West Coasts” and that this streaming service would be targeted to people “in the middle of America”—which is both silly and stupid.