YouTube to launch movie rental service

YouTube is launching a movie rental service in a partnership with Hollywood film giants including Sony and Warner Bros, to rival Netflix and Apple’s iTunes.

The video website will expand into streaming big-name, full-length blockbusters in May, according to reports. With the premium movie-on-demand service, film lovers will be able to stream new releases for as little as (£1.20), though prices will differ for each movie.

Three of the six major film studios – Sony Pictures Entertainment, Warner Bros and Universal – have reportedly agreed licensing terms with the Google-owned video giant. Paramount, Fox and Disney have not yet committed to the plan, it is understood. The service is expected to be limited to the US for the foreseeable future.

(Excerpt from http://www.psfk.com/2011/04/youtube-to-launch-movie-rental-service.html)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s