The Wall Street Journal: NBCUniversal’s Fandango to buy Vudu streaming service from Walmart

The Wall Street Journal

Deal will bolster both Fandango and new Peacock service

A screenshot of Vudu’s free movies and TV page.


Vudu

NBCUniversal’s Fandango movie-ticketing and video-rental business has agreed to buy streaming service Vudu from Walmart Inc., a deal that comes as media giants look to offer free or low-cost alternatives for consumers who don’t want to pay for streaming subscriptions.

Walmart
WMT,
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, which acquired Vudu in 2010 for more than $100 million, said Monday that it signed the agreement to sell the service to Fandango. Terms of the deal, which will close in coming months, weren’t disclosed.

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