Best Buy (BBY) Goes Video

Retail

Published: October 30, 2007 10:02 am

Since every other company in the world from NBC to Wal-Mart (WMT) to Amazon (AMZN) is in the video distribution, why not Best Buy (BBY)?

Why not, indeed. Today the company launched Best Buy Video Sharing, an online-based solution for customers to safely store and share home movies and videos via the Web.

Best Buy Video Sharing is a subscription-based service for users to upload their personal videos for sharing on web sites and blogs, with family and friends, or in e-mail messages. Unlike many other video sharing services, Best Buy Video Sharing allows the user to choose who can view their home videos, and enables the user to do so in an advertising-free environment.

Best Buy Video Sharing was created in partnership with Mydeo, a provider of quality streaming video hosting for home and business users. The service will be merchandised online and in Best Buy’s retail stores.

Base plans start at $6.97 for 100 minutes of video hosting and video lengths up to 30 minutes each. Customers can chose premium plans for extended video lengths, additional video storage capacity, and other sharing features.

While it does seem like a good idea, the program competes with 10,000 others not unlike it.

Douglas A. McIntyre

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.