YouTube is in talks with Hollywood movie studios to offer streaming movie rentals, according to The Wall Street Journal.
The video-sharing site, owned by Google, is holding talks with studios Lions Gate Entertainment, Sony, Metro-Goldwyn-Mayer, and Warner Bros. to make premium video content available online, The Wall Street Journal reported.
Speculation has it that while some movies will be viewable for free on an ad-supported basis, others will cost $4 to rent. This shouldn't come as a surprise as YouTube has been working to catalog more premium content. Turning to feature films may bring Google a welcomed profit, having failed thus far to earn a buck off their $1.65 billion investment.
More: http://pcworld.com/article/171362/
More: http://www.techspot.com/news/36079-youtube-to-offer-movie-rentals-for-4.html
The video-sharing site, owned by Google, is holding talks with studios Lions Gate Entertainment, Sony, Metro-Goldwyn-Mayer, and Warner Bros. to make premium video content available online, The Wall Street Journal reported.
Speculation has it that while some movies will be viewable for free on an ad-supported basis, others will cost $4 to rent. This shouldn't come as a surprise as YouTube has been working to catalog more premium content. Turning to feature films may bring Google a welcomed profit, having failed thus far to earn a buck off their $1.65 billion investment.
More: http://pcworld.com/article/171362/
More: http://www.techspot.com/news/36079-youtube-to-offer-movie-rentals-for-4.html