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Now playing: Movies at Walmart.com. The world's largest retailer on Tuesday started streaming many movies the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc.'s business and just two weeks after Netflix announced new price increases.
In a sign that online streaming is coming to the forefront in Hollywood, films from Paramount Pictures, Lionsgate and Metro-Goldwyn-Mayer will appear on Netflix's streaming service just three months after they appear on pay television.
Senh: Here's yet another revenue source for movie studios. Netflix seems like it'll be the first successful company to bring online streaming to the masses.