Is Costco Launching its Own Video Subscription Service?
Everything we know so far.
How about a movie night with that seven-pound jug of Nutella and all of your favorite Kirkland Signature snacks? Costco, at your service.
According to a recent piece by Alex Sherman for CNBC, the warehouse club is said to be having talks with media executive Mark Greenberg "about building out a video [streaming] service geared toward average Americans." Previously, Greenberg had been chatting with Walmart regarding a similar service, which has since been nixed, as Walmart continues to pursue working on its Vudu streaming platform. Currently, there are no further details about a potential launch date or shows that will be on the yet-to-be-announced service. Costco has also not made an official comment.
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Since Netflix recently announced they'll be introducing another price hike of $2 for all types of subscriptions, the Costco rumor offers fans the hope of a lower-priced alternative to the popular video streaming platform.
Now, here's to hoping that if the Costco deal closes, they'll get plenty of Hallmark Christmas Movies on queue for us.