History
Vudu was founded by Tony Miranz and Alain Rossmann (the creator of WAP). The Vudu Box had been secretly in development since 2004, but on 29 April 2007, The New York Times revealed that Vudu had signed deals with many movie studios and independent distributors to deliver access to nearly 5,000 films.
As of April 2007, Vudu had received $21 million in venture capital funding from Greylock Partners and Benchmark Capital. The company is based in Santa Clara, California.
In May 2008, Vudu began displaying and selling its set-top box in Best Buy stores. Before this time, the box was only available via online retailers.
On 24 February 2009, Vudu became the first on-demand service to offer high-definition movies for download to own. Prior to Vudu allowing users to purchase high-definition movies, studios only allowed their films to be purchased in standard-definition format. LG was the first to integrate Vudu into its HDTVs, with access beginning in August 2009 though the TV's NetCast application.
On 8 January 2010 (the second day of Consumer Electronics Show 2010), Vudu announced it was no longer shipping its set top boxes and would provide its service to select HDTVs and Blu-ray players from LG, Magnavox, Mitsubishi, Samsung, Sanyo, Sharp, Toshiba, and Vizio. The company also announced its Vudu Apps platform for delivering internet services including embedding Wikipedia links in its movie descriptions
On 22 February 2010, Wal-Mart announced that it was acquiring the company for a reported $100 million.
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