Filed under: Products and Services, Launches, Best Buy (BBY)

Best Buy (BBY) will be joining Vudu — which was recently bought by Walmart (WMT) — Netflix (NFLX), Roxio’s CinemaNow, Amazon.com (AMZN) On Demand, and others in streaming video content directly over the Internet to your favorite television set. Details are sketchy so far, but the large question is this: do we need another one of these services? The market is already saturated. What’s the benefit?

For one, Best Buy’s Reward Zone Premier Solver members will receive one free video rental per month. That’s quite a benefit for a customer that spends $2,500 per year at the largest consumer electronics chain in the U.S. — not. You need to throw a bigger bone to these customers, Best Buy. That’s like giving a dime back for every few hundred dollars spent. Not impressive.

Continue reading Best Buy to Unleash Yet Another Online Video Streaming Service

Best Buy to Unleash Yet Another Online Video Streaming Service originally appeared on BloggingStocks on Fri, 05 Mar 2010 12:30:00 EST. Please see our terms for use of feeds.

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