Walmart to Sell Vudu Streaming Service to Comcast’s Fandango (1)

Walmart Inc. will sell its Vudu streaming platform to Comcast Corp.’s Fandango, giving up on efforts to be an online-video giant like Amazon.com Inc.

Fandango, which vends movie tickets and streams movies, will maintain the Vudu site and preserve users’ film and TV libraries, according to a statement Monday announcing the deal. Terms weren’t disclosed.

Walmart acquired Vudu in 2010, trying to adapt to a shift away from DVDs. But the retailer has struggled to turn the service into its own version of Amazon’s Prime Video -- despite it being available on millions of TVs and other devices. ...